152 Beach AveMilfordCT06460
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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 $2,395/mo, and a $4,650/mo payment. Purchase price stands at $950,000, and rental yield measures 3.03% with $2,395/mo rent. Return on cash invested shows 3.32% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 15.06% and total cumulative return in cash records $47,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
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Listed by: John Donato Jr • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #170625912
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.