1 Blossom Court #1New MilfordCT06776
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
Rental property for sale in New Milford at 1 Blossom Court #1, New Milford, CT, 06776 offers $2,250/mo rent that, after a $2,668/mo payment. Total monthly income is $2,250/mo. Return on cash invested measures 10.33% in year one, and rental yield stands at 4.95% at a $545,000 entry. Equity gained on principal adds $3,517/yr while 5% annual appreciation compounds into $150,573 by year five. Five-year ROI records 52.27% and total cumulative return in cash reaches $93,720. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,250/mo property income versus a $2,668/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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Listed by: Austin Farmer • W. Raveis Lifestyles Realty
Mls Name: Smart MLS
Mls ID: #24135079