21 Ormond Street, Milford, CT, 06461 | $168/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Milford at 21 Ormond Street, Milford, CT, 06461 priced at $489,900 converts $3,497/mo rent into $168/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,497/mo, and annual cash flow totals $2,018/yr on $162,402 invested. Return on cash invested prints 21.15% in year one, and rental yield reads 8.57% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 110.31% and total cumulative return in cash sums $179,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,497/mo property income covering a $2,398/mo payment, not borrower’s personal income.

Single Family

Built in 1925

5,662 sqft lot

$N/A/sqft

No HOA