33 Mill Brook Road WestStamfordCT06902
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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 33 Mill Brook Road West, Stamford, CT, 06902 priced at $1,250,000 converts $8,920/mo rent into $427/mo cash flow after a $6,118/mo obligation. Total monthly income equals $8,920/mo, and annual cash flow totals $5,124/yr on $405,000 invested. Return on cash invested prints 21.64% in year one, and rental yield reads 8.56% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 112.81% and total cumulative return in cash sums $456,865. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,920/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.11 Acres 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: Chris Maroc • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24024216
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.