3 Teresa DrMilfordCT06461
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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 Milford at 3 Teresa Dr, Milford, CT, 06461 generates $3,792/mo in rent and, after a $2,594/mo payment, leaves $191/mo in cash flow. Total monthly income is $3,792/mo, and annual cash flow is $2,294/yr on $174,337 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 8.59% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash sums $194,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Maura E. Cannon • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24068038
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