149 Aspetuck Village #149New MilfordCT06776
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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 New Milford at 149 Aspetuck Village #149, New Milford, CT, 06776 listed at $169,900 pairs $1,308/mo rent with a $832/mo payment to leave $153/mo cash flow. Total monthly income runs $1,308/mo, and annual cash flow reaches $1,838/yr on $56,322 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 9.24% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 121.21% and total cumulative return in cash totals $68,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,308/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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Listed by: Lou Capellaro • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24149203