919 Pequot Avenue, New London, CT, 06320 | 4.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

9 Bed
10 Bath
10136 sft

16 Yosemite Valley Rd, Westerly, RI, 02891

3 Bed
2 Bath
1821 sft

11 Mountain View Rd, East Lyme, CT, 06333

3 Bed
3 Bath
2065 sft

258 Old Jewett City Rd, Preston, CT, 06365

3 Bed
2 Bath
1596 sft

64 Chapman Ave, Westbrook, CT, 06498

Nearby investment properties with comparable prices

2 Bed
2 Bath
1952 sft

24 Seabreeze Road, Old Saybrook, CT, 06475

4 Bed
3 Bath
3159 sft

98 Arbor Crossing, East Lyme, CT, 06333

3 Bed
3 Bath
2712 sft

37 South Street, Niantic, CT, 06357

4 Bed
3 Bath
2831 sft

Hayward Plan, Riverside Reserve, East Lyme, CT, 06333

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $4,380/mo, and a $5,996/mo payment. Purchase price stands at $1,225,000, and rental yield measures 4.29% with $4,380/mo rent. Return on cash invested shows 8.45% in year one, and 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 42.09% and total cumulative return in cash records $167,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $5,996/mo payment rather than investor’s personal income.

Single Family

Built in 1977

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 06320, New London, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,582 (100%)
Owner Occupied HU	4,019 (31.9%)
Renter Occupied HU	7,156 (56.9%)
Vacant Housing Units	1,407 (11.2%)
Median Home Value	$291,296
Average Home Value	$336,354