1913 High Ridge RoadStamfordCT06903
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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 1913 High Ridge Road, Stamford, CT, 06903 generates $5,700/mo in rent and, after a $2,924/mo payment, leaves $1,641/mo in cash flow. Total monthly income is $5,700/mo, and annual cash flow is $19,689/yr on $196,578 invested. Return on cash invested sits at 30.08% in year one, and rental yield is 11.45% on a $597,500 entry. Equity gained on principal adds $3,856/yr, while 5% annual appreciation builds toward $165,078 over five years. Five-year ROI reaches 158.13% and total cumulative return in cash sums $310,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,700/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06903, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 4,668 (89.2%) |
| Renter Occupied HU | 363 ( 6.9%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $865,706 |
| Average Home Value | $958,879 |
Housing Distribution
Address Breakdown
Residential
5,211
Single Family
5,211
Multi-Family
0
Businesses
80
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Listed by: Joe Balestriere • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24125539
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.