2475 Summer St APT 1FStamfordCT06905
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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 2475 Summer St APT 1F, Stamford, CT, 06905 generates $2,635/mo in rent, after a $1,615/mo payment. Total monthly income is $2,635/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 9.58% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 97.56% and total cumulative return in cash sums $106,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,635/mo property income rather than buyer’s personal income.
Condo
Built in 1944
N/A lot
$N/A/sqft
$532 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: Valeria Amarante • Century 21 Scala Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079022
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.