885 SAYBROOK RoadHaddamCT06438
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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 Haddam at 885 SAYBROOK Road, Haddam, CT, 06438 uses $174,041 cash to close to unlock $3,875/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $3,917/mo, and a $2,589/mo payment keeps the spread at $323/mo. Purchase price stands at $529,000, and rental yield measures 8.89% with $3,917/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 116.35% and total cumulative return in cash records $202,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,917/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Single Family
Built in 1792
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06438, Haddam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 949 (76.8%) |
| Renter Occupied HU | 182 (14.7%) |
| Vacant Housing Units | 105 ( 8.5%) |
| Median Home Value | $462,500 |
| Average Home Value | $605,071 |
Housing Distribution
Address Breakdown
Residential
1,113
Single Family
1,033
Multi-Family
80
Businesses
73
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Listed by: Limmy Evans • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24116486