15 Riverside DriveRidgefieldCT06877
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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
Total monthly income runs $5,268/mo, and a $4,199/mo payment. Purchase price stands at $858,000, and rental yield measures 7.37% with $5,268/mo rent. Return on cash invested shows 17.67% in year one, and 5% annual appreciation builds toward $237,050 over five years. Five-year ROI reaches 91.62% and total cumulative return in cash records $258,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,268/mo property income covering a $4,199/mo payment rather than investor’s personal income.
Single Family
Built in 1964
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,449 (100%) |
| Owner Occupied HU | 7,528 (79.7%) |
| Renter Occupied HU | 1,463 (15.5%) |
| Vacant Housing Units | 458 ( 4.8%) |
| Median Home Value | $836,048 |
| Average Home Value | $925,612 |
Housing Distribution
Address Breakdown
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
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Listed by: Carole Cousins • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24120234