70 Morey RdNew MilfordCT06776
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
Investment property for sale in New Milford at 70 Morey Rd, New Milford, CT, 06776 listed at $654,300 pairs $5,840/mo rent with a $3,202/mo payment to leave $1,395/mo cash flow. Total monthly income runs $5,840/mo, and annual cash flow reaches $16,738/yr on $215,265 cash to close. Return on cash invested measures 27.84% in year one, and rental yield registers 10.71% at a $654,300 basis. Equity gained on principal adds $4,222/yr, and annual property appreciation at 5% supports $180,771 by year five. Five-year ROI tracks 146.11% and total cumulative return in cash totals $314,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,840/mo property income relative to a $3,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A