1789 Foxon Road APT 7BNorth BranfordCT06471
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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 North Branford at 1789 Foxon Road APT 7B, North Branford, CT, 06471 generates $1,548/mo in rent, after a $1,125/mo payment. Total monthly income is $1,548/mo. Return on cash invested sits at 19.69% in year one, and rental yield is 8.08% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 102.5% and total cumulative return in cash sums $78,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,548/mo property income rather than buyer’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06471, North Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,126 (100%) |
| Owner Occupied HU | 2,430 (77.7%) |
| Renter Occupied HU | 490 (15.7%) |
| Vacant Housing Units | 206 ( 6.6%) |
| Median Home Value | $434,469 |
| Average Home Value | $464,781 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,904
Multi-Family
248
Businesses
377
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Listed by: Donna Genovese • Great Estates, CT
Mls Name: Smart MLS
Mls ID: #24119847