138 Foxwood Close #138MilfordCT06461
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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 Milford at 138 Foxwood Close #138, Milford, CT, 06461 uses $100,113 cash to close to unlock $4,154/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,791/mo, and a $1,478/mo payment keeps the spread at $346/mo. Purchase price stands at $302,000, and rental yield measures 11.09% with $2,791/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $83,437 over five years. Five-year ROI reaches 127.64% and total cumulative return in cash records $127,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,791/mo property income covering a $1,478/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$393 monthly HOA
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Listed by: Renee Mascia • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111757
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