66 Shell AvenueMilfordCT06460
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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 Milford at 66 Shell Avenue, Milford, CT, 06460 offers a 6% rental yield on a $794,900 purchase with $3,976/mo rent. 52% in year one. Equity gained on principal adds $5,129/yr while 5% annual appreciation supports $219,616 over five years. Portfolio math shows five-year ROI at 69.35% and total cumulative return in cash at $181,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,976/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,662 sqft 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: Judy Cooper • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24121808