103 Peddlars Drive #103BranfordCT06405
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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 Branford at 103 Peddlars Drive #103, Branford, CT, 06405 generates $3,184/mo in rent and, after a $1,664/mo payment, leaves $874/mo in cash flow. Total monthly income is $3,184/mo, and annual cash flow is $10,488/yr on $112,710 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 11.24% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash sums $173,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,184/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
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Listed by: Debbie Lupo • The Agency
Mls Name: Smart MLS
Mls ID: #24127854