Lot 15 Lakewood RoadEast HamptonCT06424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Hampton at Lot 15 Lakewood Road, East Hampton, CT, 06424 with 5% annual appreciation on a $539,000 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $2,638/mo payment preserves $178/mo for cash returns. Annual cash flow comes to $2,135/yr on $177,331 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 8.55%. Five-year ROI measures 110.86% and total cumulative return in cash totals $196,596.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki M. Defrancesco • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24141392