59 Cedar Hill RoadMilfordCT06461
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.25% yield at 59 Cedar Hill Road, Milford, CT, 06461 in Milford is solid, but the $3,462/mo payment compresses net cash flow to $63/mo at $770,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $212,737 by year five, and $7,092/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.20) without U.S. income documentation. Total projected return: $224,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.0% |
| Monthly Cash Flow | $63 | $350 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,153 |
| Total Monthly Debt Service | $4,925 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
1.98 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1997
1.98 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Auresto • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093414
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