90 Crown Knoll Court #S136GrotonCT06340
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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 Groton at 90 Crown Knoll Court #S136, Groton, CT, 06340 uses $76,245 cash to close to unlock $8,700/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $2,288/mo, and a $1,126/mo payment keeps the spread at $725/mo. Purchase price stands at $230,000, and rental yield measures 11.94% with $2,288/mo rent. Return on cash invested shows 31.32% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 164.82% and total cumulative return in cash records $125,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,288/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06340, Groton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,385 (100%) |
| Owner Occupied HU | 5,380 (37.4%) |
| Renter Occupied HU | 7,220 (50.2%) |
| Vacant Housing Units | 1,785 (12.4%) |
| Median Home Value | $326,691 |
| Average Home Value | $429,967 |
Housing Distribution
Address Breakdown
Residential
13,000
Single Family
10,143
Multi-Family
2,857
Businesses
869
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Listed by: Bridget A. Morrissey • Bridget Morrissey Realty LLC
Mls Name: Smart MLS
Mls ID: #24147785