46 Park LaneWestportCT06880
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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 Westport at 46 Park Lane, Westport, CT, 06880 listed at $1,215,000 pairs $8,725/mo rent with a $5,947/mo payment to leave $470/mo cash flow. Total monthly income runs $8,725/mo, and annual cash flow reaches $5,634/yr on $393,660 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 8.62% at a $1,215,000 basis. Equity gained on principal adds $7,840/yr, and annual property appreciation at 5% supports $335,682 by year five. Five-year ROI tracks 113.7% and total cumulative return in cash totals $447,605. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,725/mo property income relative to a $5,947/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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Listed by: Jillian Klaff • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108931
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.