103 Squash Hollow RoadNew MilfordCT06776
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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 New Milford at 103 Squash Hollow Road, New Milford, CT, 06776 offers $3,094/mo rent that, after a $1,640/mo payment, leaves $818/mo cash flow. Total monthly income is $3,094/mo, and annual cash flow is $9,810/yr on $111,053 cash. Return on cash invested measures 28.74% in year one, and rental yield stands at 11.08% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 151.01% and total cumulative return in cash reaches $167,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,094/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.48 Acres 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: Mary Guertin • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093530
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.