20 Dean Street #1StamfordCT06902
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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 20 Dean Street #1, Stamford, CT, 06902 priced at $599,000 converts $5,428/mo rent into $1,358/mo cash flow after a $2,932/mo obligation. Total monthly income equals $5,428/mo, and annual cash flow totals $16,295/yr on $197,071 invested. Return on cash invested prints 28.33% in year one, and rental yield reads 10.87% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 148.76% and total cumulative return in cash sums $293,158. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,428/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Condo
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06902, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,265 (100%) |
| Owner Occupied HU | 11,101 (35.5%) |
| Renter Occupied HU | 18,435 (59.0%) |
| Vacant Housing Units | 1,729 ( 5.5%) |
| Median Home Value | $632,932 |
| Average Home Value | $741,180 |
Housing Distribution
Address Breakdown
Residential
27,231
Single Family
16,684
Multi-Family
10,547
Businesses
1,798
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Listed by: Susan Morelli • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146906