7 River Road Ext #C-8Cos CobCT06807
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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
Rental property for sale in Cos Cob at 7 River Road Ext #C-8, Cos Cob, CT, 06807 priced at $125,000 converts $992/mo rent into after a $612/mo obligation. Total monthly income equals $992/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 9.52% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 95.29% and total cumulative return in cash sums $39,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $992/mo property income covering a $612/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$211 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06807, Cos Cob, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 2,032 (70.3%) |
| Renter Occupied HU | 709 (24.5%) |
| Vacant Housing Units | 150 ( 5.2%) |
| Median Home Value | $1,357,004 |
| Average Home Value | $1,453,123 |
Housing Distribution
Address Breakdown
Residential
2,859
Single Family
2,810
Multi-Family
49
Businesses
349
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Listed by: Amanda Bates Goodro • Houlihan Lawrence
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122459
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.