106 Howard AvenueAnsoniaCT06401
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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 Ansonia at 106 Howard Avenue, Ansonia, CT, 06401 priced at $449,000 converts $2,160/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 12.72% in year one, and rental yield reads 5.77% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 65.11% and total cumulative return in cash sums $96,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Multi Family
Built in 1987
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06401, Ansonia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,171 (100%) |
| Owner Occupied HU | 4,478 (54.8%) |
| Renter Occupied HU | 3,190 (39.0%) |
| Vacant Housing Units | 503 ( 6.2%) |
| Median Home Value | $314,898 |
| Average Home Value | $338,859 |
Housing Distribution
Address Breakdown
Residential
7,718
Single Family
7,350
Multi-Family
368
Businesses
498
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Listed by: Laura A. Condon • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24116889