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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ridgefield at 23 McKeon Pl, Ridgefield, CT, 06877 with 5% annual appreciation on a $975,000 basis while $4,200/mo rent supports operations. 76% in year one. Equity gained on principal adds $6,292/yr, and five-year appreciation sums $269,375 alongside rental yield of 5.17%. Five-year ROI measures 54.61% and total cumulative return in cash totals $175,167. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $4,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.25 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
| 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 |
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $975,000 |
| 2003-07-22 | Sold | $670,000 |
| 2000-01-28 | Sold | $497,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $12668.00 | 2.10% | $480,760 | N/A |
| 2023-05-25 | $12408.00 | -3.81% | $480,760 | 5.95% |
| 2022-05-25 | $12900.00 | 0.77% | $453,760 | N/A |
What's Special
Pull Down Stairs
Listed by: Colette Kabasakalian • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097254
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.
