131 6th AvenueMilfordCT06460
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
Total monthly income runs $4,560/mo, and a $4,307/mo payment. Purchase price stands at $879,900, and rental yield measures 6.22% with $4,560/mo rent. Return on cash invested shows 14.18% in year one, and 5% annual appreciation builds toward $243,100 over five years. Five-year ROI reaches 72.89% and total cumulative return in cash records $211,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,560/mo property income covering a $4,307/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Anderson • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24141331