9 Broadview LaneNew MilfordCT06776
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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 New Milford at 9 Broadview Lane, New Milford, CT, 06776 with 5% annual appreciation on a $598,000 basis while $3,653/mo rent supports operations. 56% in year one. Equity gained on principal adds $3,859/yr, and five-year appreciation sums $165,216 alongside rental yield of 7.33%. Five-year ROI measures 91% and total cumulative return in cash totals $179,036. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,653/mo property income versus a $2,927/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06776, New Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,253 (100%) |
| Owner Occupied HU | 8,109 (72.1%) |
| Renter Occupied HU | 2,397 (21.3%) |
| Vacant Housing Units | 747 ( 6.6%) |
| Median Home Value | $416,557 |
| Average Home Value | $533,193 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,250
Multi-Family
710
Businesses
1,116
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Listed by: Randi Lynch • Around Town Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24123483