84 School Ground RdBranfordCT06405
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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 Branford at 84 School Ground Rd, Branford, CT, 06405 uses $99,119 cash to close to unlock $599/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,081/mo, and a $1,463/mo payment keeps the spread at $50/mo. Purchase price stands at $299,000, and rental yield measures 8.35% with $2,081/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 106.86% and total cumulative return in cash records $105,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
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Listed by: Delaney Smith • Delrose Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078629
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.