59 Cedar Hill RoadMilfordCT06461
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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
Rental property for sale in Milford at 59 Cedar Hill Road, Milford, CT, 06461 offers $4,153/mo rent that, after a $3,769/mo payment. Total monthly income is $4,153/mo. Return on cash invested measures 14.95% in year one, and rental yield stands at 6.47% at a $770,000 entry. Equity gained on principal adds $4,969/yr while 5% annual appreciation compounds into $212,737 by year five. Five-year ROI records 77.01% and total cumulative return in cash reaches $195,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,153/mo property income versus a $3,769/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.98 Acres lot
$N/A/sqft
No HOA
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Listed by: Lauren Auresto • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093414
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