18 Hallmark PlaceStamfordCT06906
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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 18 Hallmark Place, Stamford, CT, 06906 priced at $575,000 converts $3,006/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,006/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 6.27% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 73.79% and total cumulative return in cash sums $139,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,006/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1957
4,791 sqft lot
$N/A/sqft
No 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: Joseph M. Perun • Perun Properties
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24118712
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.