53 Cedar Knolls Drive #53BranfordCT06405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Branford at 53 Cedar Knolls Drive #53, Branford, CT, 06405 earns $841/mo cash flow from $3,059/mo rent with a $1,346/mo payment. Total monthly income totals $3,059/mo, and annual cash flow totals $10,086/yr on $91,163 capital. ROI tracks 30.97% on current figures, and rental yield reads 13.35% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 164.66% and total cumulative return in cash sums $150,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,059/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Whiteman • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091877
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.