150 Forest Road #40MilfordCT06461








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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 150 Forest Road #40, Milford, CT, 06461 uses $122,321 cash to close to unlock $3,959/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $2,837/mo, and a $1,806/mo payment keeps the spread at $330/mo. Purchase price stands at $368,991, and rental yield measures 9.23% with $2,837/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $101,945 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash records $147,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,837/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
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Listed by: Aurelia Michelson • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24100930







