68 Center StreetWestportCT06880
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 Westport at 68 Center Street, Westport, CT, 06880 priced at $925,000 converts $4,270/mo rent into after a $4,527/mo obligation. Total monthly income equals $4,270/mo. Return on cash invested prints 12.12% in year one, and rental yield reads 5.54% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 61.82% and total cumulative return in cash sums $188,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,270/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1921
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06880, Westport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 8,297 (78.4%) |
| Renter Occupied HU | 1,510 (14.3%) |
| Vacant Housing Units | 778 ( 7.4%) |
| Median Home Value | $1,427,663 |
| Average Home Value | $1,492,461 |
Housing Distribution
Address Breakdown
Residential
10,566
Single Family
10,090
Multi-Family
476
Businesses
1,534
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Listed by: David Kinyon • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24140854