150 Honeycomb LaneMilfordCT06461
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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 Honeycomb Lane, Milford, CT, 06461 uses $184,240 cash to close to unlock $4,932/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $4,216/mo, and a $2,741/mo payment keeps the spread at $411/mo. Purchase price stands at $560,000, and rental yield measures 9.03% with $4,216/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash records $218,813. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,216/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.02 Acres lot
$N/A/sqft
No HOA
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Listed by: Betsy B. Anderson • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096082
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