132 Summer Street #3CStamfordCT06901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow132 Summer Street #3C, Stamford, CT, 06901 in Stamford is a solid income-producing rental, 11.54% gross yield, $2,453/mo rent, $293/mo net cash flow on a $255,000 buy. DSCR 2.14 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $70,452 and $2,349/yr in principal reduction project a total cumulative return of $118,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.5% |
| Monthly Cash Flow | $293 | $1,850 |
City averages based on Stamford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,453 |
| Total Monthly Debt Service | $2,058 |
| DSCR Ratio | 1.19x |
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 1939
N/A lot
$N/A/sqft
$427 monthly 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
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 1939
N/A lot
$N/A/sqft
$427 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary M. Russo • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107445
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.