864 Milford Point RoadMilfordCT06460
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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 864 Milford Point Road, Milford, CT, 06460 with 5% annual appreciation on a $309,900 basis while $2,089/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 8.09%. Five-year ROI measures 102.62% and total cumulative return in cash totals $105,420. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,089/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.48 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
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Listed by: Jonathan D. Gineo • Silver and Oak Realty
Mls Name: Smart MLS
Mls ID: #24117570