20 3rd Street #4StamfordCT06905
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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
Investment property for sale in Stamford at 20 3rd Street #4, Stamford, CT, 06905 at $831,000 posts ROI 17.43% with from $5,357/mo rent. Total monthly income equals $5,357/mo. Return on cash invested measures 17.43% and rental yield reads 7.74% at the current $831,000. Equity gained on principal adds $5,362/yr, and 5% annual appreciation supports $229,590 by year five. Five-year ROI prints 90.8% and total cumulative return in cash totals $248,252. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2017
N/A lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06905, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,048 (100%) |
| Owner Occupied HU | 5,333 (66.3%) |
| Renter Occupied HU | 2,362 (29.3%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $647,003 |
| Average Home Value | $742,976 |
Housing Distribution
Address Breakdown
Residential
8,885
Single Family
6,174
Multi-Family
2,711
Businesses
1,063
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Listed by: John Pellegrino • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095559
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.