2 Matthew RoadBranfordCT06405
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
Rental property for sale in Branford at 2 Matthew Road, Branford, CT, 06405 offers $3,368/mo rent that, after a $2,198/mo payment, leaves $317/mo cash flow. Total monthly income is $3,368/mo, and annual cash flow is $3,803/yr on $148,844 cash. Return on cash invested measures 22.46% in year one, and rental yield stands at 9% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 117.33% and total cumulative return in cash reaches $174,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,368/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1957
6,534 sqft 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: Kimberly O'Donnell • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112423
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.