5 Vine StreetMilfordCT06460
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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 Milford at 5 Vine Street, Milford, CT, 06460 offers a 10.29% rental yield on a $425,000 purchase with $3,644/mo rent. Total monthly income registers $3,644/mo, and a $2,080/mo payment leaves $757/mo available for distribution. Annual cash flow reaches $9,078/yr on $140,888 to close, and return on cash invested stands at 26.35% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 138.21% and total cumulative return in cash at $194,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,644/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
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Listed by: Rebecca Zandvliet • Coldwell Banker Realty 2000
Mls Name: Smart MLS
Mls ID: #24147549