4 Promised RdWestportCT06880
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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 Westport at 4 Promised Rd, Westport, CT, 06880 priced at $1,130,000 pairs $5,425/mo rent with after a $5,531/mo payment. Total monthly income equals $5,425/mo. Return on cash invested is 12.99% in year one, and rental yield stands at 5.76% on a $1,130,000 basis. Equity gained on principal adds $7,292/yr, and 5% annual appreciation accumulates to $312,198 by year five. Five-year ROI measures 66.42% and total cumulative return in cash reaches $243,186. For financing, Ziffy Mortgage’s DSCR program evaluates $5,425/mo property income against a $5,531/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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Listed by: Patricia A. Shea • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077142
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.