3 Richard StreetAnsoniaCT06401
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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 3 Richard Street, Ansonia, CT, 06401 priced at $419,900 converts $3,823/mo rent into $970/mo cash flow after a $2,055/mo obligation. Total monthly income equals $3,823/mo, and annual cash flow totals $11,642/yr on $139,197 invested. Return on cash invested prints 28.27% in year one, and rental yield reads 10.93% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 148.51% and total cumulative return in cash sums $206,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,823/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
No 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: Jack Rodican • All Connecticut Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100881
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.