113 Wood Ridge DriveStamfordCT06905
Nearby investment properties with comparable rents
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 113 Wood Ridge Drive, Stamford, CT, 06905 at $665,000 posts ROI 20.45% with $72/mo cash flow from $4,590/mo rent. Total monthly income equals $4,590/mo, and annual cash flow records $858/yr on $218,785 to close. Return on cash invested measures 20.45% and rental yield reads 8.28% at the current $665,000. Equity gained on principal adds $4,291/yr, and 5% annual appreciation supports $183,727 by year five. Five-year ROI prints 106.53% and total cumulative return in cash totals $233,071.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06905, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,048 (100%) |
| Owner Occupied HU | 5,333 (66.3%) |
| Renter Occupied HU | 2,362 (29.3%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $647,003 |
| Average Home Value | $742,976 |
Housing Distribution
Address Breakdown
Residential
8,885
Single Family
6,174
Multi-Family
2,711
Businesses
1,063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ned Osterhus • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24134622