9 Phillip LnLedyardCT06339
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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 Ledyard at 9 Phillip Ln, Ledyard, CT, 06339 uses $141,882 cash to close to unlock $8,158/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $3,588/mo, and a $2,095/mo payment keeps the spread at $680/mo. Purchase price stands at $428,000, and rental yield measures 10.06% with $3,588/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $118,249 over five years. Five-year ROI reaches 134.47% and total cumulative return in cash records $190,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,588/mo property income covering a $2,095/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
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Listed by: N/A • N/A
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