219 Bennetts Farm RoadRidgefieldCT06877
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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
Rental property for sale in Ridgefield at 219 Bennetts Farm Road, Ridgefield, CT, 06877 generates $5,907/mo in rent, after a $8,805/mo payment. Total monthly income is $5,907/mo. Return on cash invested sits at 7.37% in year one, and rental yield is 3.94% on a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation builds toward $497,031 over five years. Five-year ROI reaches 36.29% and total cumulative return in cash sums $211,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,907/mo property income rather than buyer’s personal income.
Single Family
Built in 1785
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,449 (100%) |
| Owner Occupied HU | 7,528 (79.7%) |
| Renter Occupied HU | 1,463 (15.5%) |
| Vacant Housing Units | 458 ( 4.8%) |
| Median Home Value | $836,048 |
| Average Home Value | $925,612 |
Housing Distribution
Address Breakdown
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
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Listed by: Laura Ancona • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24149341