96 Mansfield RoadAshfordCT06278
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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 Ashford at 96 Mansfield Road, Ashford, CT, 06278 priced at $170,000 converts $3,215/mo rent into $1,901/mo cash flow after a $832/mo obligation. Total monthly income equals $3,215/mo, and annual cash flow totals $22,813/yr on $56,355 invested. Return on cash invested prints 60.39% in year one, and rental yield reads 22.69% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 322.04% and total cumulative return in cash sums $181,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,215/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1795
1.97 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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Listed by: Heather Bassett • Team Bassett Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111230
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.