45 Sound Beach Avenue ExtRiversideCT06878
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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 Riverside at 45 Sound Beach Avenue Ext, Riverside, CT, 06878 at $1,595,000 posts ROI 10.85% with from $6,738/mo rent. Total monthly income equals $6,738/mo. Return on cash invested measures 10.85% and rental yield reads 5.07% at the current $1,595,000. Equity gained on principal adds $10,292/yr, and 5% annual appreciation supports $440,669 by year five. Five-year ROI prints 54.98% and total cumulative return in cash totals $284,141. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,738/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
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Listed by: Susan Isaak • Coldwell Banker Realty
Mls Name: Greenwich MLS, Inc.
Mls ID: #124180