1936 Main StStratfordCT06615
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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 Stratford at 1936 Main St, Stratford, CT, 06615 priced at $995,000 pairs $2,759/mo rent with after a $4,870/mo payment. Total monthly income equals $2,759/mo. Return on cash invested is 5.39% in year one, and rental yield stands at 3.33% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 25.76% and total cumulative return in cash reaches $84,342. For financing, Ziffy Mortgage’s DSCR program evaluates $2,759/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
7,840 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: Anthony DeLorenzo • Alpha Capital Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095233
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.