50 Millerton RoadLakevilleCT06039
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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
Total monthly income runs $3,383/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 7.38% with $3,383/mo rent. Return on cash invested shows 17.71% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 91.82% and total cumulative return in cash records $166,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,383/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06039, Lakeville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 615 (52.8%) |
| Renter Occupied HU | 195 (16.7%) |
| Vacant Housing Units | 355 (30.5%) |
| Median Home Value | $750,977 |
| Average Home Value | $977,179 |
Housing Distribution
Address Breakdown
Residential
698
Single Family
698
Multi-Family
0
Businesses
141
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Listed by: Evan Cooper • Elyse Harney Real Estate
Mls Name: Smart MLS
Mls ID: #24125228