81 Old North RdMysticCT06355
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mystic at 81 Old North Rd, Mystic, CT, 06355 earns from $3,000/mo rent with a $5,139/mo payment. Total monthly income totals $3,000/mo. ROI tracks 5.79% on current figures, and rental yield reads 3.43% at a $1,050,000 purchase. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 over five years. Five-year ROI reaches 27.83% and total cumulative return in cash sums $94,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 2002
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Thomas Switz • Switz Real Estate Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078142
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.