1596 Main StreetStratfordCT06615
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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 $2,914/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 6.99% with $2,914/mo rent. Return on cash invested shows 16.41% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 84.91% and total cumulative return in cash records $140,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
9,147 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: Lisa English • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24144228