3 Putnam Hl UNIT 2BGreenwichCT06830
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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 Greenwich at 3 Putnam Hl UNIT 2B, Greenwich, CT, 06830 offers $5,546/mo rent that, after a $3,328/mo payment, leaves $926/mo cash flow. Total monthly income is $5,546/mo, and annual cash flow is $11,112/yr on $223,720 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 9.79% at a $680,000 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,871 by year five. Five-year ROI records 131.04% and total cumulative return in cash reaches $293,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,546/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06830, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 5,289 (48.3%) |
| Renter Occupied HU | 4,531 (41.4%) |
| Vacant Housing Units | 1,126 (10.3%) |
| Median Home Value | $1,695,934 |
| Average Home Value | $1,552,243 |
Housing Distribution
Address Breakdown
Residential
10,317
Single Family
8,679
Multi-Family
1,638
Businesses
1,499
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Listed by: Linda Collins • Coldwell Banker Realty
Mls Name: Greenwich MLS, Inc.
Mls ID: #124019