61 Peck StMilfordCT06460
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 Milford at 61 Peck St, Milford, CT, 06460 at $449,000 posts ROI 23.89% with $494/mo cash flow from $3,545/mo rent. Total monthly income equals $3,545/mo, and annual cash flow records $5,927/yr on $148,844 to close. Return on cash invested measures 23.89% and rental yield reads 9.47% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 124.97% and total cumulative return in cash totals $186,016.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,545/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
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Listed by: THE COPPOLA TEAM AT WILLIAM RAVEIS REAL ESTATE • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089391
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.