111 Grove StreetStamfordCT06901
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Nearby investment properties with comparable prices
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 111 Grove Street, Stamford, CT, 06901 earns from $3,248/mo rent with a $4,155/mo payment. Total monthly income totals $3,248/mo. ROI tracks 9.23% on current figures, and rental yield reads 4.59% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 46.35% and total cumulative return in cash sums $129,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,248/mo property income instead of your personal income.
Multi Family
Built in 1897
9,147 sqft 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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Nearby investment properties with comparable prices
Listed by: Anthony Gaudiano • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24151409