39 Wood Chase LaneNorth BranfordCT06471
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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 North Branford at 39 Wood Chase Lane, North Branford, CT, 06471 priced at $599,000 pairs $4,426/mo rent with $356/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,426/mo, and annual cash flow comes to $4,271/yr on $197,071 invested. Return on cash invested is 22.23% in year one, and rental yield stands at 8.87% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 116.03% and total cumulative return in cash reaches $228,670. For financing, Ziffy Mortgage’s DSCR program evaluates $4,426/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06471, North Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,126 (100%) |
| Owner Occupied HU | 2,430 (77.7%) |
| Renter Occupied HU | 490 (15.7%) |
| Vacant Housing Units | 206 ( 6.6%) |
| Median Home Value | $434,469 |
| Average Home Value | $464,781 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,904
Multi-Family
248
Businesses
377
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Listed by: Patricia Moreggi • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24114859