1016 Rock Rimmon RoadStamfordCT06903
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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 1016 Rock Rimmon Road, Stamford, CT, 06903 listed at $875,000 pairs $7,741/mo rent with a $4,283/mo payment to leave $1,796/mo cash flow. Total monthly income runs $7,741/mo, and annual cash flow reaches $21,546/yr on $287,875 cash to close. Return on cash invested measures 27.54% in year one, and rental yield registers 10.62% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 144.56% and total cumulative return in cash totals $416,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,741/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06903, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 4,668 (89.2%) |
| Renter Occupied HU | 363 ( 6.9%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $865,706 |
| Average Home Value | $958,879 |
Housing Distribution
Address Breakdown
Residential
5,211
Single Family
5,211
Multi-Family
0
Businesses
80
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Listed by: Staci Zampa • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24112086