86 Lynn RoadIvorytonCT06442
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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 Ivoryton at 86 Lynn Road, Ivoryton, CT, 06442 uses $177,002 cash to close to unlock $1,306/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $3,764/mo, and a $2,633/mo payment keeps the spread at $109/mo. Purchase price stands at $538,000, and rental yield measures 8.4% with $3,764/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $148,639 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash records $191,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,764/mo property income covering a $2,633/mo payment rather than investor’s personal income.
Single Family
Built in 1983
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06442, Ivoryton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 1,016 (83.1%) |
| Renter Occupied HU | 151 (12.4%) |
| Vacant Housing Units | 55 ( 4.5%) |
| Median Home Value | $494,295 |
| Average Home Value | $543,295 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
54
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Listed by: Maureen Evans • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091164
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.