7 Howard Avenue APT 3AnsoniaCT06401
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 Ansonia at 7 Howard Avenue APT 3, Ansonia, CT, 06401 generates $3,148/mo in rent and, after a $1,111/mo payment, leaves $1,606/mo in cash flow. Total monthly income is $3,148/mo, and annual cash flow is $19,268/yr on $75,251 invested. Return on cash invested sits at 45.51% in year one, and rental yield is 16.64% on a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 240.94% and total cumulative return in cash sums $181,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,148/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06401, Ansonia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,171 (100%) |
| Owner Occupied HU | 4,478 (54.8%) |
| Renter Occupied HU | 3,190 (39.0%) |
| Vacant Housing Units | 503 ( 6.2%) |
| Median Home Value | $314,898 |
| Average Home Value | $338,859 |
Housing Distribution
Address Breakdown
Residential
7,718
Single Family
7,350
Multi-Family
368
Businesses
498
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maureen Wilkinson • Carey & Guarrera Real Estate
Mls Name: Smart MLS
Mls ID: #24127612