300 Broad St #107StamfordCT06902
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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 300 Broad St #107, Stamford, CT, 06902 listed at $275,000 pairs $2,097/mo rent with a $1,346/mo payment. Total monthly income runs $2,097/mo. Return on cash invested measures 17.1% in year one, and rental yield registers 9.15% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 90.68% and total cumulative return in cash totals $82,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,097/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
$442 monthly 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: Kimberly Tapscott • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077219
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.