2 Caldwell DriveNew MilfordCT06776
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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 New Milford at 2 Caldwell Drive, New Milford, CT, 06776 with 5% annual appreciation on a $485,000 basis while $3,344/mo rent supports operations. Total monthly income totals $3,344/mo and a $2,374/mo payment preserves $49/mo for cash returns. Annual cash flow comes to $582/yr on $160,778 deployed, and return on cash invested reaches 20.27% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 8.27%. Five-year ROI measures 105.58% and total cumulative return in cash totals $169,754.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,344/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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Listed by: Larry Corrow • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24136475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.