51 Forest Ave APT 44GreenwichCT06870
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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 51 Forest Ave APT 44, Greenwich, CT, 06870 offers a 5.23% rental yield on a $1,225,000 purchase with $5,343/mo rent. 69% in year one. Equity gained on principal adds $7,905/yr while 5% annual appreciation supports $338,445 over five years. Portfolio math shows five-year ROI at 39.36% and total cumulative return in cash at $156,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,343/mo property income against a $5,996/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
$1,214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06870, Old Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,720 (100%) |
| Owner Occupied HU | 2,106 (77.4%) |
| Renter Occupied HU | 470 (17.3%) |
| Vacant Housing Units | 144 ( 5.3%) |
| Median Home Value | $1,718,130 |
| Average Home Value | $1,626,334 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,475
Multi-Family
318
Businesses
328
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Listed by: Hyleri Katzenberg • Compass Connecticut, LLC
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122455
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.