198 E Middle Patent RdGreenwichCT06831
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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 Greenwich at 198 E Middle Patent Rd, Greenwich, CT, 06831 at $1,995,000 posts ROI 10.88% with from $8,442/mo rent. Total monthly income equals $8,442/mo. Return on cash invested measures 10.88% and rental yield reads 5.08% at the current $1,995,000. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 by year five. Five-year ROI prints 55.12% and total cumulative return in cash totals $356,277. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,442/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06831, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,210 (100%) |
| Owner Occupied HU | 4,292 (69.1%) |
| Renter Occupied HU | 1,315 (21.2%) |
| Vacant Housing Units | 603 ( 9.7%) |
| Median Home Value | $1,449,753 |
| Average Home Value | $1,484,512 |
Housing Distribution
Address Breakdown
Residential
5,799
Single Family
5,482
Multi-Family
317
Businesses
531
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Listed by: Janet Milligan • Sotheby's International Realty
Mls Name: Greenwich MLS, Inc.
Mls ID: #123946