126 Winfield DriveStratfordCT06615
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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
Rental property for sale in Stratford at 126 Winfield Drive, Stratford, CT, 06615 priced at $299,999 converts $2,110/mo rent into $72/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,110/mo, and annual cash flow totals $864/yr on $99,450 invested. Return on cash invested prints 20.78% in year one, and rental yield reads 8.44% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 108.27% and total cumulative return in cash sums $107,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,110/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1944
6,098 sqft lot
$N/A/sqft
No 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
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Listed by: Stacy Camacho • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24149240