116 Hillcrest Park RoadCos CobCT06807
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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 Cos Cob at 116 Hillcrest Park Road, Cos Cob, CT, 06807 priced at $1,799,000 converts $5,802/mo rent into after a $8,805/mo obligation. Total monthly income equals $5,802/mo. Return on cash invested prints 7.15% in year one, and rental yield reads 3.87% against a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation compiles into $497,031 by year five. Five-year ROI reaches 35.13% and total cumulative return in cash sums $204,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,802/mo property income covering a $8,805/mo payment, not borrower’s personal income.
Single Family
Built in 1979
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06807, Cos Cob, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 2,032 (70.3%) |
| Renter Occupied HU | 709 (24.5%) |
| Vacant Housing Units | 150 ( 5.2%) |
| Median Home Value | $1,357,004 |
| Average Home Value | $1,453,123 |
Housing Distribution
Address Breakdown
Residential
2,859
Single Family
2,810
Multi-Family
49
Businesses
349
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Listed by: David White • OwnerEntry.com
Mls Name: Smart MLS
Mls ID: #24139549