107A 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 107A Howard Avenue, Ansonia, CT, 06401 priced at $312,000 converts $2,999/mo rent into $879/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,999/mo, and annual cash flow totals $10,550/yr on $103,428 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 11.53% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 158.37% and total cumulative return in cash sums $163,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,999/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Single Family
Built in 1989
3,484 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: Lauren Levey • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24123635