45 Strathmore AveMilfordCT06461
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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 Milford at 45 Strathmore Ave, Milford, CT, 06461 generates $2,792/mo in rent, after a $2,291/mo payment. Total monthly income is $2,792/mo. Return on cash invested sits at 16.91% in year one, and rental yield is 7.16% on a $468,000 entry. Equity gained on principal adds $3,020/yr, while 5% annual appreciation builds toward $129,300 over five years. Five-year ROI reaches 87.54% and total cumulative return in cash sums $135,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: John Grubiak • Surf Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077410
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