50 Lafayette Pl APT 4EGreenwichCT06830
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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 Greenwich at 50 Lafayette Pl APT 4E, Greenwich, CT, 06830 uses $264,845 cash to close to unlock $16,146/yr annual cash flow and $1,346/mo monthly cash flow. Total monthly income runs $6,815/mo, and a $3,940/mo payment keeps the spread at $1,346/mo. Purchase price stands at $805,000, and rental yield measures 10.16% with $6,815/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $222,407 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash records $363,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,815/mo property income covering a $3,940/mo payment rather than investor’s personal income.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06830, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 5,289 (48.3%) |
| Renter Occupied HU | 4,531 (41.4%) |
| Vacant Housing Units | 1,126 (10.3%) |
| Median Home Value | $1,695,934 |
| Average Home Value | $1,552,243 |
Housing Distribution
Address Breakdown
Residential
10,317
Single Family
8,679
Multi-Family
1,638
Businesses
1,499
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Listed by: Maxwell P Wiesen • Coldwell Banker Realty
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122233
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.