17 Bedford 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
Rental property for sale in Milford at 17 Bedford Ave, Milford, CT, 06460 priced at $975,000 pairs $5,197/mo rent with after a $4,772/mo payment. Total monthly income equals $5,197/mo. Return on cash invested is 14.72% in year one, and rental yield stands at 6.4% on a $975,000 basis. Equity gained on principal adds $6,292/yr, and 5% annual appreciation accumulates to $269,375 by year five. Five-year ROI measures 75.78% and total cumulative return in cash reaches $243,099. For financing, Ziffy Mortgage’s DSCR program evaluates $5,197/mo property income against a $4,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
10,454 sqft lot
$N/A/sqft
No 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: Stacy M. Blake • Stacy Blake Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078435
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.