Real Estate Investing in Ledyard, Connecticut (06335)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

New London County • Population: 6,100 • Data updated: September 2026

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Should you buy in 06335 (Ledyard, CT)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.9% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Ledyard, CT (06335)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $423,556
Avg Monthly Rent $2,394
1% Rule ✗ Does Not Meet
Median Income $94,212
% Renters 20.0%

Market Analysis: 06335 Ledyard

Looking more closely, ZIP 06335 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $424K median. It rewards specialists, not generalists.

The investment case in 06335 is healthy only for operators who understand what they are buying. A $424K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 06335 sits on the difficult end of the CT spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

The 06335 ZIP's population of 6,100 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.

Experienced landlords with local relationships tend to find 06335 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Ledyard:

B Good
Buy Confidence Score: 72/100
Affordability
15/25
Appreciation
25/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+10.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,394/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Norwich-New London, CT Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
6.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Norwich-New London, CT metro data
🏠

Property Strategy for 06335

Which property type performs best in this market?

Best for Cash Flow
2BR
8.3% cap rate
Best for Appreciation
2BR
+10.2% 5yr CAGR
Best Overall Value
5BR
$97,070/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $231,088 $2,660 8.3% +10.2% $115,544
3BR $364,751 $3,430 6.8% +9.0% $121,584
4BR $439,310 $4,260 7.0% +9.2% $109,827
5BR $485,350 +8.9% $97,070

Market Trends

Home Value History (with trend line)

$442K$389K$337K$285K$233K$181KJul 2006Jul 2016Jul 2026

📊 How Does 06335 Compare?

Metric 06335 Ledyard Norwich-New London, CT Connecticut
Home Value $423,556 $421,489 N/A $425,784
5-Year CAGR 8.0% 8.1% N/A 9.3%
Avg Rent $2,394 $2,070 N/A -
Cap Rate 4.4% 3.8% - -
💡 Why Invest in 06335? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 06335 (Ledyard, CT). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+8.0%
Strong

📊 Market Snapshot

Home Value $423,556
Monthly Rent $2,394
Price-to-Rent 14.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.8%
Cap Rate 4.4%
5-Year IRR 12.4%

📈 Home Appreciation

1-Year +10.9% ▲
3-Year CAGR +8.0% ▲
5-Year CAGR +8.0% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
10.9%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.0%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 06335

Population: 6,100

💰 Median Household Income
$94,212
This area
$94,212
State
$105,835
USA
$74,580
🏠 Renter Occupied
20.0%
This area
20.0%
State
26.8%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-3.3%
USA
3.7%
🎓 College Educated
45.7%
This area
45.7%
State
27.6%
USA
33.7%
👤 Median Age
36.0 years
This area
36.0 years
State
29.1 years
USA
38.9 years
🏚️ Vacancy Rate
10.9%
This area
10.9%
State
10.3%
USA
10.5%
👥 Population by Ethnicity
White 87.7%
Other/Mixed 5.7%
Black/African American 4.0%
Asian 2.7%
Hispanic/Latino 1.7%
👶 Under 18
29.9%
This area
29.9%
USA
22.0%
👴 65 and Over
15.4%
This area
15.4%
USA
17.3%
📊 Poverty Rate
13.3%
This area
13.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 06335

A+ Avg School Grade
3 Schools
13.2:1 Avg Class Size
$21,246 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Ledyard Middle School

📚 06 – 08 Middle
👥
560 Students
👨‍🏫
12.9:1 Class Size
💰
$21,246 Per Student
A+ Excellent

Gales Ferry School

📚 K – 02 Elementary
👥
225 Students
👨‍🏫
13.5:1 Class Size
💰
$21,246 Per Student
A+ Excellent

Juliet W. Long School

📚 03 – 05 Elementary
👥
255 Students
👨‍🏫
13.3:1 Class Size
💰
$21,246 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

4 Nearby 42 Off-Campus Students
B
Connecticut College
1,995 students · 4.1 mi
B+
United States Coast Guard Academy
1,081 students · 4.2 mi
C
Mitchell College
500 students · 7.2 mi
C+
University of Connecticut-Avery Point
474 students · 7.8 mi

Frequently Asked Questions

How do experienced investors play Ledyard, CT?

The best-fit strategy in Ledyard, CT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Should investors consider Ledyard, CT?

With a 3.0/5 investability score, Ledyard, CT ranks as a solid market for rental property investors. Median prices of $424K and rents of $2,394/mo drive the underlying numbers.

How much does a house cost in Ledyard, CT?

Homes in Ledyard, CT typically sell near $424K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

Can I live-in-and-rent in Ledyard, CT?

The house hack math a challenging in Ledyard, CT. Owner-occupant buyers benefit from the $2,394/mo rents and $424K home values.

What is the typical renter like in Ledyard, CT?

Ledyard, CT offers a predictable renter base at the $2,394/mo rent level. Tenant turnover is reasonable for well-managed properties.

You know 06335 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 06335 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 06335 ranks in Norwich-New London, CT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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