76 Peck StMilfordCT06460
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 Milford at 76 Peck St, Milford, CT, 06460 listed at $499,000 pairs $3,630/mo rent with a $2,442/mo payment to leave $240/mo cash flow. Total monthly income runs $3,630/mo, and annual cash flow reaches $2,879/yr on $165,419 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 8.73% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 112.97% and total cumulative return in cash totals $186,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,630/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1822
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Raucci • RE/MAX Heritage
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090007
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.