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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Milford at 1070 New Haven Ave APT 56, Milford, CT, 06460 earns from $1,591/mo rent with a $978/mo payment. Total monthly income totals $1,591/mo. ROI tracks 16.44% on current figures, and rental yield reads 9.55% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 87.86% and total cumulative return in cash sums $58,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,591/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
Date | Event | Price |
|---|---|---|
| 2025-03-07 | Listed for sale | $199,900 |
| 2012-03-07 | Sold | $115,400 |
| 2012-02-28 | Pending sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $2964.00 | 7.24% | $101,730 | N/A |
| 2023-03-13 | $2764.00 | 1.95% | $101,730 | N/A |
| 2022-03-13 | $2711.00 | 13.62% | $101,730 | 17.91% |
What's Special
None
Listed by: Michael DeBiase Premium Properties Team • Keller Williams Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078726
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.
