40 North StreetNorth 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
Total monthly income runs $1,680/mo, and a $3,172/mo payment. Purchase price stands at $648,000, and rental yield measures 3.11% with $1,680/mo rent. Return on cash invested shows 4.73% in year one, and 5% annual appreciation builds toward $179,030 over five years. Five-year ROI reaches 22.23% and total cumulative return in cash records $47,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $3,172/mo payment rather than investor’s personal income.
Single Family
Built in 1762
5.94 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: Lisa Grywalski Bailey • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24110907