24A Harbour Village #24ABranfordCT06405
Nearby investment properties with comparable rents
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
Investment property for sale in Branford at 24A Harbour Village #24A, Branford, CT, 06405 offers a 8.53% rental yield on a $385,000 purchase with $2,737/mo rent. 87% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 73.86% and total cumulative return in cash at $94,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,737/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$764 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Forte Team At Compass • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095297
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.