333 Palmer Hill Rd APT 1EGreenwichCT06878
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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
Total monthly income runs $4,916/mo, and a $4,038/mo payment. Purchase price stands at $825,000, and rental yield measures 7.15% with $4,916/mo rent. Return on cash invested shows 14.41% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 75.05% and total cumulative return in cash records $203,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,916/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$589 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
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Listed by: Cynthia De Riemer • BHHS New England Properties
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122727
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.