58 Old Town RoadAshfordCT06278
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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 Ashford at 58 Old Town Road, Ashford, CT, 06278 uses $82,875 cash to close to unlock $3,822/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $1,224/mo payment keeps the spread at $319/mo. Purchase price stands at $250,000, and rental yield measures 9.82% with $2,045/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 128.55% and total cumulative return in cash records $106,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1965
5,227 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06278, Ashford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,392 (70.7%) |
| Renter Occupied HU | 395 (20.1%) |
| Vacant Housing Units | 183 ( 9.3%) |
| Median Home Value | $359,202 |
| Average Home Value | $391,809 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,736
Multi-Family
108
Businesses
93
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Listed by: Jason Boice • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104655
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.