170 Turtle Bay Drive #170BranfordCT06405
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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 Branford at 170 Turtle Bay Drive #170, Branford, CT, 06405 generates $4,252/mo in rent and, after a $2,139/mo payment, leaves $760/mo in cash flow. Total monthly income is $4,252/mo, and annual cash flow is $9,116/yr on $144,866 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 11.68% on a $437,000 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation builds toward $120,735 over five years. Five-year ROI reaches 138.95% and total cumulative return in cash sums $201,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,252/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$523 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
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Listed by: Tracy T. Everson • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104073
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.