151 Guernsey LaneNew MilfordCT06776
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in New Milford at 151 Guernsey Lane, New Milford, CT, 06776 priced at $925,000 converts $9,124/mo rent into $2,840/mo cash flow after a $4,527/mo obligation. Total monthly income equals $9,124/mo, and annual cash flow totals $34,074/yr on $304,325 invested. Return on cash invested prints 31.26% in year one, and rental yield reads 11.84% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 164.46% and total cumulative return in cash sums $500,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,124/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 2003
2.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana P. Anderson • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24120719