106 East Hunting Ridge 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
Rental property for sale in Stamford at 106 East Hunting Ridge Road, Stamford, CT, 06903 priced at $929,000 converts $9,240/mo rent into $2,928/mo cash flow after a $4,547/mo obligation. Total monthly income equals $9,240/mo, and annual cash flow totals $35,135/yr on $305,641 invested. Return on cash invested prints 31.56% in year one, and rental yield reads 11.94% against a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation compiles into $256,666 by year five. Five-year ROI reaches 166.06% and total cumulative return in cash sums $507,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,240/mo property income covering a $4,547/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.25 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: Alyssa Bernstein • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24146138
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.