93 Lakeside DriveAshfordCT06278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ashford at 93 Lakeside Drive, Ashford, CT, 06278 at $528,000 posts ROI 21.81% with $253/mo cash flow from $3,840/mo rent. Total monthly income equals $3,840/mo, and annual cash flow records $3,034/yr on $173,712 to close. Return on cash invested measures 21.81% and rental yield reads 8.73% at the current $528,000. Equity gained on principal adds $3,407/yr, and 5% annual appreciation supports $145,877 by year five. Five-year ROI prints 113.78% and total cumulative return in cash totals $197,643.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.29 Acres 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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Nearby investment properties with comparable prices
Listed by: Honglian Wu • Home Selling Team
Mls Name: Smart MLS
Mls ID: #24144288