192 Monticello Drive #192BranfordCT06405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Branford at 192 Monticello Drive #192, Branford, CT, 06405 offers a 11.59% rental yield on a $332,500 purchase with $3,211/mo rent. Total monthly income registers $3,211/mo, and a $1,627/mo payment leaves $952/mo available for distribution. Annual cash flow reaches $11,427/yr on $110,224 to close, and return on cash invested stands at 30.28% in year one. Equity gained on principal adds $2,146/yr while 5% annual appreciation supports $91,864 over five years. Portfolio math shows five-year ROI at 159.26% and total cumulative return in cash at $175,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,211/mo property income against a $1,627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Annunziato • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24122443