18 Sound Beach AvenueOld GreenwichCT06870
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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
Investment property for sale in Old Greenwich at 18 Sound Beach Avenue, Old Greenwich, CT, 06870 with 5% annual appreciation on a $1,849,000 basis while $5,732/mo rent supports operations. 69% in year one. Equity gained on principal adds $11,931/yr, and five-year appreciation sums $510,845 alongside rental yield of 3.72%. Five-year ROI measures 32.65% and total cumulative return in cash totals $195,587. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,732/mo property income versus a $9,050/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06870, Old Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,720 (100%) |
| Owner Occupied HU | 2,106 (77.4%) |
| Renter Occupied HU | 470 (17.3%) |
| Vacant Housing Units | 144 ( 5.3%) |
| Median Home Value | $1,718,130 |
| Average Home Value | $1,626,334 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,475
Multi-Family
318
Businesses
328
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Listed by: Roberta Jurik • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24145048