254 West AvenueDarienCT06820
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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 Darien at 254 West Avenue, Darien, CT, 06820 priced at $1,999,999 converts $6,217/mo rent into after a $9,789/mo obligation. Total monthly income equals $6,217/mo. Return on cash invested prints 6.72% in year one, and rental yield reads 3.73% against a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation compiles into $552,563 by year five. Five-year ROI reaches 32.82% and total cumulative return in cash sums $212,647. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,217/mo property income covering a $9,789/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06820, Darien, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,368 (100%) |
| Owner Occupied HU | 5,873 (79.7%) |
| Renter Occupied HU | 1,115 (15.1%) |
| Vacant Housing Units | 380 ( 5.2%) |
| Median Home Value | $1,698,844 |
| Average Home Value | $1,624,133 |
Housing Distribution
Address Breakdown
Residential
7,307
Single Family
6,607
Multi-Family
700
Businesses
877
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Listed by: AnneMarie Rayhill • Houlihan Lawrence
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109336
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.