115 Short Beach Road #305StratfordCT06615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Stratford rentals match the income profile of 115 Short Beach Road #305, Stratford, CT, 06615. Listed at $210,000, gross rent is $2,484/mo and net cash flow is $677/mo, a 14.19% yield well above national averages. DSCR 2.63 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $58,019 by year five with $1,934/yr in annual principal reduction, projecting $125,419 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 5.8% |
| Monthly Cash Flow | $677 | $1,850 |
City averages based on Stratford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,484 |
| Total Monthly Debt Service | $1,723 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06615, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,000 (100%) |
| Owner Occupied HU | 4,831 (60.4%) |
| Renter Occupied HU | 2,653 (33.2%) |
| Vacant Housing Units | 516 ( 6.4%) |
| Median Home Value | $379,267 |
| Average Home Value | $422,550 |
Housing Distribution
Address Breakdown
Residential
7,584
Single Family
6,722
Multi-Family
862
Businesses
1,040
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06615, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,000 (100%) |
| Owner Occupied HU | 4,831 (60.4%) |
| Renter Occupied HU | 2,653 (33.2%) |
| Vacant Housing Units | 516 ( 6.4%) |
| Median Home Value | $379,267 |
| Average Home Value | $422,550 |
Housing Distribution
Address Breakdown
Residential
7,584
Single Family
6,722
Multi-Family
862
Businesses
1,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa English • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105470
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.