120 North Cliff StreetAnsoniaCT06401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ansonia at 120 North Cliff Street, Ansonia, CT, 06401 with 5% annual appreciation on a $369,900 basis while $2,583/mo rent supports operations. Total monthly income totals $2,583/mo and a $1,810/mo payment preserves $70/mo for cash returns. Annual cash flow comes to $842/yr on $122,622 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 8.38%. Five-year ROI measures 107.34% and total cumulative return in cash totals $131,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,583/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Glazer • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24143486