35 Stephanie DrNew MilfordCT06776
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Nearby investment properties with comparable prices
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 New Milford at 35 Stephanie Dr, New Milford, CT, 06776 priced at $563,300 converts $4,661/mo rent into $834/mo cash flow after a $2,757/mo obligation. Total monthly income equals $4,661/mo, and annual cash flow totals $10,005/yr on $185,326 invested. Return on cash invested prints 25.46% in year one, and rental yield reads 9.93% against a $563,300 entry. Equity gained on principal adds $3,635/yr, while 5% annual appreciation compiles into $155,629 by year five. Five-year ROI reaches 133.37% and total cumulative return in cash sums $247,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,661/mo property income covering a $2,757/mo payment, not borrower’s personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices New England Properties
Mls Provider:
Mls ID: #24094777