77 Lakeside DriveAshfordCT06278
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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 Ashford at 77 Lakeside Drive, Ashford, CT, 06278 generates $2,076/mo in rent, after a $1,957/mo payment. Total monthly income is $2,076/mo. Return on cash invested sits at 14.11% in year one, and rental yield is 6.23% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 72.56% and total cumulative return in cash sums $96,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06278, Ashford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,392 (70.7%) |
| Renter Occupied HU | 395 (20.1%) |
| Vacant Housing Units | 183 ( 9.3%) |
| Median Home Value | $359,202 |
| Average Home Value | $391,809 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,736
Multi-Family
108
Businesses
93
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Listed by: Dennis Golden • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24136027