266 Peace StreetStratfordCT06615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 266 Peace Street, Stratford, CT, 06615 offers $3,259/mo rent that, after a $4,155/mo payment. Total monthly income is $3,259/mo. Return on cash invested measures 9.28% in year one, and rental yield stands at 4.61% at a $849,000 entry. Equity gained on principal adds $5,478/yr while 5% annual appreciation compounds into $234,563 by year five. Five-year ROI records 46.61% and total cumulative return in cash reaches $130,184. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,259/mo property income versus a $4,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1941
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Torise Baker • Bigger & Better Realty Corp
Mls Name: Smart MLS
Mls ID: #24139728