17 Oenoke PlaceStamfordCT06907
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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
Rental property for sale in Stamford at 17 Oenoke Place, Stamford, CT, 06907 priced at $1,400,000 converts $2,760/mo rent into after a $6,852/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 2.51% in year one, and rental yield reads 2.37% against a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 10.24% and total cumulative return in cash sums $46,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
0.25 Acres 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: Chris Carozza • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24137849