193 Wheelers Farms RoadMilfordCT06461
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 193 Wheelers Farms Road, Milford, CT, 06461 in Milford deserves attention. This $449,000 property earns $4,007/mo in rent, a 10.71% gross yield, and nets $956/mo after the $2,019/mo payment. DSCR 1.98 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $124,050 compounds alongside $4,135/yr in yearly equity build, for a total cumulative return of $232,964.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.0% |
| Monthly Cash Flow | $956 | $350 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,007 |
| Total Monthly Debt Service | $2,872 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
1.02 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1890
1.02 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fred A. Messore • Colonial Properties Inc
Mls Name: Smart MLS
Mls ID: #24115595