1 Broad St UNIT 19EStamfordCT06901
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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 Stamford at 1 Broad St UNIT 19E, Stamford, CT, 06901 offers a 9.5% rental yield on a $795,000 purchase with $6,295/mo rent. Total monthly income registers $6,295/mo, and a $3,891/mo payment leaves $894/mo available for distribution. Annual cash flow reaches $10,722/yr on $261,555 to close, and return on cash invested stands at 24.16% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 126.4% and total cumulative return in cash at $330,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,295/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06901, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,535 (100%) |
| Owner Occupied HU | 570 ( 6.7%) |
| Renter Occupied HU | 6,480 (75.9%) |
| Vacant Housing Units | 1,485 (17.4%) |
| Median Home Value | $480,370 |
| Average Home Value | $616,190 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
629
Multi-Family
6,122
Businesses
990
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Listed by: Stacey Delikat • Houlihan Lawrence
Mls Name: Greenwich MLS, Inc.
Mls ID: #123561