27 Blue Ribbon DriveWestportCT06880
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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 Westport at 27 Blue Ribbon Drive, Westport, CT, 06880 offers $5,717/mo rent that, after a $9,275/mo payment. Total monthly income is $5,717/mo. Return on cash invested measures 6.38% in year one, and rental yield stands at 3.62% at a $1,895,000 entry. Equity gained on principal adds $12,228/yr while 5% annual appreciation compounds into $523,554 by year five. Five-year ROI records 31% and total cumulative return in cash reaches $190,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,717/mo property income versus a $9,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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Listed by: Meredith Cohen • Serhant Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24087012