28 Third Street #24AnsoniaCT06401
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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 Ansonia at 28 Third Street #24, Ansonia, CT, 06401 generates $2,140/mo in rent and, after a $1,077/mo payment, leaves $435/mo in cash flow. Total monthly income is $2,140/mo, and annual cash flow is $5,220/yr on $72,930 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 11.67% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 143.26% and total cumulative return in cash sums $104,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,140/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$210 monthly 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: Joe Moreira • Clearview Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100603
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.