(Undisclosed Address)Old SaybrookCT06475
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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
Rental property for sale in Old Saybrook at (Undisclosed Address), Old Saybrook, CT, 06475 priced at $617,400 pairs $4,200/mo rent with $5/mo cash flow after a $3,022/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $59/yr on $203,125 invested. Return on cash invested is 20.09% in year one, and rental yield stands at 8.16% on a $617,400 basis. Equity gained on principal adds $3,984/yr, and 5% annual appreciation accumulates to $170,576 by year five. Five-year ROI measures 104.57% and total cumulative return in cash reaches $212,415. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $3,022/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Theresa Thomas • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #M9081526
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.