40 Hull PlaceRidgefieldCT06877
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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
Investment property for sale in Ridgefield at 40 Hull Place, Ridgefield, CT, 06877 at $1,625,000 posts ROI 4.78% with from $4,200/mo rent. Total monthly income equals $4,200/mo. Return on cash invested measures 4.78% and rental yield reads 3.1% at the current $1,625,000. Equity gained on principal adds $10,486/yr, and 5% annual appreciation supports $448,958 by year five. Five-year ROI prints 22.41% and total cumulative return in cash totals $118,000. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,449 (100%) |
| Owner Occupied HU | 7,528 (79.7%) |
| Renter Occupied HU | 1,463 (15.5%) |
| Vacant Housing Units | 458 ( 4.8%) |
| Median Home Value | $836,048 |
| Average Home Value | $925,612 |
Housing Distribution
Address Breakdown
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
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Listed by: Chris Ferguson • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24140211