413 Swanson Crescent #413MilfordCT06461
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 413 Swanson Crescent #413, Milford, CT, 06461 in Milford: $2,436/mo in rent, $541/mo net, 12.44% gross yield, all on a $235,000 acquisition. The 2.30 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $64,926 in value, and $2,164/yr in principal paydown steadily builds equity. Projected total cumulative return: $125,864.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 5.0% |
| Monthly Cash Flow | $541 | $350 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,436 |
| Total Monthly Debt Service | $1,801 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1978
N/A lot
$N/A/sqft
$298 monthly HOA
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
Condo
Built in 1978
N/A lot
$N/A/sqft
$298 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Grossarth • Realty ONE Group Connect
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094450
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.