14 Codfish LaneWestonCT06883
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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 Weston at 14 Codfish Lane, Weston, CT, 06883 generates $4,974/mo in rent, after a $8,071/mo payment. Total monthly income is $4,974/mo. Return on cash invested sits at 6.38% in year one, and rental yield is 3.62% on a $1,649,000 entry. Equity gained on principal adds $10,641/yr, while 5% annual appreciation builds toward $455,588 over five years. Five-year ROI reaches 30.99% and total cumulative return in cash sums $165,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06883, Weston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 3,200 (87.8%) |
| Renter Occupied HU | 228 ( 6.3%) |
| Vacant Housing Units | 215 ( 5.9%) |
| Median Home Value | $958,293 |
| Average Home Value | $1,122,577 |
Housing Distribution
Address Breakdown
Residential
3,592
Single Family
3,592
Multi-Family
0
Businesses
132
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Listed by: Ryan Cornell • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24150722