85 Viscount Drive #1AMilfordCT06460
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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 Milford at 85 Viscount Drive #1A, Milford, CT, 06460 priced at $429,900 pairs $3,136/mo rent with $215/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,136/mo, and annual cash flow comes to $2,582/yr on $142,512 invested. Return on cash invested is 21.72% in year one, and rental yield stands at 8.75% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 113.38% and total cumulative return in cash reaches $161,575. For financing, Ziffy Mortgage’s DSCR program evaluates $3,136/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A 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
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Listed by: Gregory E. Heineman • Trend 2000 Real Estate
Mls Name: Smart MLS
Mls ID: #24137561