14 Reimer RdWestportCT06880
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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 Westport at 14 Reimer Rd, Westport, CT, 06880 offers a 3.9% rental yield on a $1,925,000 purchase with $6,256/mo rent. 24% in year one. Equity gained on principal adds $12,422/yr while 5% annual appreciation supports $531,842 over five years. Portfolio math shows five-year ROI at 35.63% and total cumulative return in cash at $222,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,256/mo property income against a $9,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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Listed by: Lianne Owen and Team • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083541
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.