62 Westford DrAshfordCT06278
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
Rental property for sale in Ashford at 62 Westford Dr, Ashford, CT, 06278 priced at $284,500 pairs $1,916/mo rent with after a $1,392/mo payment. Total monthly income equals $1,916/mo. Return on cash invested is 19.09% in year one, and rental yield stands at 8.08% on a $284,500 basis. Equity gained on principal adds $1,836/yr, and 5% annual appreciation accumulates to $78,602 by year five. Five-year ROI measures 99.47% and total cumulative return in cash reaches $93,809. For financing, Ziffy Mortgage’s DSCR program evaluates $1,916/mo property income against a $1,392/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.92 Acres lot
$N/A/sqft
$236 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan King • Aspen Realty Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077140
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.