1230 Hope Street APT 7StamfordCT06907
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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 1230 Hope Street APT 7, Stamford, CT, 06907 uses $195,755 cash to close to unlock $15,414/yr annual cash flow and $1,285/mo monthly cash flow. Total monthly income runs $5,327/mo, and a $2,912/mo payment keeps the spread at $1,285/mo. Purchase price stands at $595,000, and rental yield measures 10.74% with $5,327/mo rent. Return on cash invested shows 27.93% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 146.65% and total cumulative return in cash records $287,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,327/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06907, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,849 (100%) |
| Owner Occupied HU | 2,555 (66.4%) |
| Renter Occupied HU | 1,170 (30.4%) |
| Vacant Housing Units | 124 ( 3.2%) |
| Median Home Value | $596,926 |
| Average Home Value | $629,026 |
Housing Distribution
Address Breakdown
Residential
3,764
Single Family
3,205
Multi-Family
559
Businesses
469
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Listed by: Todd Auslander • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24149684