28 Mill Hill Road #28SouthportCT06890
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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
Investment property for sale in Southport at 28 Mill Hill Road #28, Southport, CT, 06890 earns $406/mo cash flow from $4,669/mo rent with a $2,702/mo payment. Total monthly income totals $4,669/mo, and annual cash flow totals $4,874/yr on $181,608 capital. ROI tracks 22.74% on current figures, and rental yield reads 10.15% at a $552,000 purchase. Equity gained on principal adds $3,562/yr, and 5% annual appreciation supports $152,507 over five years. Five-year ROI reaches 120.06% and total cumulative return in cash sums $218,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,669/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$512 monthly HOA
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Listed by: William J Gill • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24138856
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.