95 Gardner AveNew LondonCT06320
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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 New London at 95 Gardner Ave, New London, CT, 06320 at $559,900 posts ROI 24.48% with $678/mo cash flow from $4,482/mo rent. Total monthly income equals $4,482/mo, and annual cash flow records $8,138/yr on $184,207 to close. Return on cash invested measures 24.48% and rental yield reads 9.61% at the current $559,900. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 by year five. Five-year ROI prints 128.12% and total cumulative return in cash totals $236,014.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,482/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.35 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 |
Housing Distribution
Address Breakdown
Residential
11,305
Single Family
9,237
Multi-Family
2,068
Businesses
1,322
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Listed by: Tammy Lucier • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095840
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.