24 Byron AvenueAnsoniaCT06401
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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 Ansonia at 24 Byron Avenue, Ansonia, CT, 06401 priced at $390,000 pairs $2,700/mo rent with $50/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,700/mo, and annual cash flow comes to $600/yr on $129,285 invested. Return on cash invested is 20.37% in year one, and rental yield stands at 8.31% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 106.12% and total cumulative return in cash reaches $137,192. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1932
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06401, Ansonia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,171 (100%) |
| Owner Occupied HU | 4,478 (54.8%) |
| Renter Occupied HU | 3,190 (39.0%) |
| Vacant Housing Units | 503 ( 6.2%) |
| Median Home Value | $314,898 |
| Average Home Value | $338,859 |
Housing Distribution
Address Breakdown
Residential
7,718
Single Family
7,350
Multi-Family
368
Businesses
498
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Listed by: Carolyn Colon-Ortega • Century 21 Scala Group
Mls Name: Smart MLS
Mls ID: #24148750