115 North RoadAshfordCT06278
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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
Investment property for sale in Ashford at 115 North Road, Ashford, CT, 06278 offers a 9.12% rental yield on a $190,000 purchase with $1,444/mo rent. Total monthly income registers $1,444/mo, and a $930/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,836/yr on $62,985 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 119.27% and total cumulative return in cash at $75,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,444/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06278, Ashford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,392 (70.7%) |
| Renter Occupied HU | 395 (20.1%) |
| Vacant Housing Units | 183 ( 9.3%) |
| Median Home Value | $359,202 |
| Average Home Value | $391,809 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,736
Multi-Family
108
Businesses
93
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Listed by: Roberta G. Cardinal • RbRE, LLC
Mls Name: Smart MLS
Mls ID: #24147579