733 Popes Island Road #733MilfordCT06461
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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 733 Popes Island Road #733, Milford, CT, 06461 earns from $3,436/mo rent with a $2,239/mo payment. Total monthly income totals $3,436/mo. ROI tracks 18.51% on current figures, and rental yield reads 9.01% at a $457,500 purchase. Equity gained on principal adds $2,952/yr, and 5% annual appreciation supports $126,399 over five years. Five-year ROI reaches 97.57% and total cumulative return in cash sums $147,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,436/mo property income instead of your personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$505 monthly HOA
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Listed by: Stephanie Manfredi • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115514
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