1877 Nichols AveStratfordCT06614
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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 $2,344/mo payment. Purchase price stands at $479,000, and rental yield measures 7.3% with $2,914/mo rent. Return on cash invested shows 17.34% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 89.85% and total cumulative return in cash records $142,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1918
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06614, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,730 (100%) |
| Owner Occupied HU | 11,437 (83.3%) |
| Renter Occupied HU | 1,743 (12.7%) |
| Vacant Housing Units | 550 ( 4.0%) |
| Median Home Value | $362,664 |
| Average Home Value | $451,603 |
Housing Distribution
Address Breakdown
Residential
13,364
Single Family
12,758
Multi-Family
606
Businesses
571
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Listed by: Angel Torres • Century 21 Scala Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080631
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