35 Ramapoo RoadRidgefieldCT06877
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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 Ridgefield at 35 Ramapoo Road, Ridgefield, CT, 06877 priced at $1,059,000 pairs $4,200/mo rent with after a $5,183/mo payment. Total monthly income equals $4,200/mo. Return on cash invested is 9.89% in year one, and rental yield stands at 4.76% on a $1,059,000 basis. Equity gained on principal adds $6,834/yr, and 5% annual appreciation accumulates to $292,582 by year five. Five-year ROI measures 49.85% and total cumulative return in cash reaches $171,059. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $5,183/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1890
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,449 (100%) |
| Owner Occupied HU | 7,528 (79.7%) |
| Renter Occupied HU | 1,463 (15.5%) |
| Vacant Housing Units | 458 ( 4.8%) |
| Median Home Value | $836,048 |
| Average Home Value | $925,612 |
Housing Distribution
Address Breakdown
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
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Listed by: Tim M. Dent • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24126730