211 Kent RoadNew 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 211 Kent Road, New Milford, CT, 06776 earns from $2,485/mo rent with a $4,062/mo payment. Total monthly income totals $2,485/mo. ROI tracks 6.2% on current figures, and rental yield reads 3.59% at a $830,000 purchase. Equity gained on principal adds $5,356/yr, and 5% annual appreciation supports $229,314 over five years. Five-year ROI reaches 30.09% and total cumulative return in cash sums $82,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,485/mo property income instead of your personal income.
Multi Family
Built in 1970
0.43 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: Lynn LaForme • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24138276