








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Milford at 308 Meadowside Rd APT 101, Milford, CT, 06460 uses $59,637 cash to close to unlock $6,734/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $881/mo payment keeps the spread at $561/mo. Purchase price stands at $179,900, and rental yield measures 13.47% with $2,020/mo rent. Return on cash invested shows 31.2% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 166% and total cumulative return in cash records $98,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$236 monthly HOA
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $179,900 |
| 1987-12-01 | Sold | $102,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $2398.00 | 7.25% | $82,290 | N/A |
| 2023-05-26 | $2236.00 | 1.96% | $82,290 | N/A |
| 2022-05-26 | $2193.00 | 24.25% | $82,290 | 28.92% |



What's Special
None
Listed by: Christine Shaw • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098358
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.