4 High TrailNew MilfordCT06776
Nearby investment properties with comparable rents
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 4 High Trail, New Milford, CT, 06776 priced at $575,000 converts $4,646/mo rent into $740/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,646/mo, and annual cash flow totals $8,874/yr on $189,175 invested. Return on cash invested prints 24.75% in year one, and rental yield reads 9.7% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 129.58% and total cumulative return in cash sums $245,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,646/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Flynn • Luks Realty
Mls Name: Smart MLS
Mls ID: #24125587