1 Broad Street #15AStamfordCT06901
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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 Street #15A, Stamford, CT, 06901 offers a 7.69% rental yield on a $955,000 purchase with $6,118/mo rent. 65% in year one. Equity gained on principal adds $6,162/yr while 5% annual appreciation supports $263,849 over five years. Portfolio math shows five-year ROI at 96.83% and total cumulative return in cash at $304,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,118/mo property income against a $4,674/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: Casey Lange • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24104696