10 Lea RoadNorth BranfordCT06471
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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 North Branford at 10 Lea Road, North Branford, CT, 06471 listed at $519,000 pairs $1,680/mo rent with a $2,540/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 7.09% in year one, and rental yield registers 3.88% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 34.85% and total cumulative return in cash totals $59,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06471, North Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,126 (100%) |
| Owner Occupied HU | 2,430 (77.7%) |
| Renter Occupied HU | 490 (15.7%) |
| Vacant Housing Units | 206 ( 6.6%) |
| Median Home Value | $434,469 |
| Average Home Value | $464,781 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,904
Multi-Family
248
Businesses
377
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Listed by: Edward F. Lawton • iHeart Homes Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24139783