159 Colonial Road #5StamfordCT06906
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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
Total monthly income runs $4,320/mo, and a $6,094/mo payment. Purchase price stands at $1,245,000, and rental yield measures 4.16% with $4,320/mo rent. Return on cash invested shows 6.82% in year one, and 5% annual appreciation builds toward $343,971 over five years. Five-year ROI reaches 33.84% and total cumulative return in cash records $136,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $6,094/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$414 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06906, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,083 (56.7%) |
| Renter Occupied HU | 1,445 (39.4%) |
| Vacant Housing Units | 144 ( 3.9%) |
| Median Home Value | $592,612 |
| Average Home Value | $607,164 |
Housing Distribution
Address Breakdown
Residential
3,711
Single Family
3,157
Multi-Family
554
Businesses
387
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Listed by: Julie Lumento • Realty ONE Group Connect
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104272
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.