36 Ridge RdCos CobCT06807
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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 Cos Cob at 36 Ridge Rd, Cos Cob, CT, 06807 generates $7,741/mo in rent, after a $8,565/mo payment. Total monthly income is $7,741/mo. Return on cash invested sits at 11.59% in year one, and rental yield is 5.31% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 58.93% and total cumulative return in cash sums $334,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,741/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06807, Cos Cob, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 2,032 (70.3%) |
| Renter Occupied HU | 709 (24.5%) |
| Vacant Housing Units | 150 ( 5.2%) |
| Median Home Value | $1,357,004 |
| Average Home Value | $1,453,123 |
Housing Distribution
Address Breakdown
Residential
2,859
Single Family
2,810
Multi-Family
49
Businesses
349
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Listed by: Kristen Forlini • Compass Connecticut, LLC
Mls Name: Greenwich MLS, Inc.
Mls ID: #123376