980 Lake AveGreenwichCT06831
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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 Greenwich at 980 Lake Ave, Greenwich, CT, 06831 projects strong ROI of 21.79%.
With 5% annual appreciation, the property builds $1,458,767 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 113.62%, translating into $1,943,798 in total cumulative return on $1,710,720 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1968
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06831, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,210 (100%) |
| Owner Occupied HU | 4,292 (69.1%) |
| Renter Occupied HU | 1,315 (21.2%) |
| Vacant Housing Units | 603 ( 9.7%) |
| Median Home Value | $1,449,753 |
| Average Home Value | $1,484,512 |
Housing Distribution
Address Breakdown
Residential
5,799
Single Family
5,482
Multi-Family
317
Businesses
531
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Listed by: Christine Danforth • Sotheby's International Realty
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122639
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.