24 Newfield CtStamfordCT06905
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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 24 Newfield Ct, Stamford, CT, 06905 with 5% annual appreciation on a $789,000 basis while $4,414/mo rent supports operations. 68% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,986 alongside rental yield of 6.71%. Five-year ROI measures 80.93% and total cumulative return in cash totals $210,082. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,414/mo property income versus a $3,862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No 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: Linda Pitman • Brown Harris Stevens
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095266
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.