338 Eden RoadStamfordCT06907
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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 338 Eden Road, Stamford, CT, 06907 priced at $1,210,000 converts $6,883/mo rent into after a $5,922/mo obligation. Total monthly income equals $6,883/mo. Return on cash invested prints 16.27% in year one, and rental yield reads 6.83% against a $1,210,000 entry. Equity gained on principal adds $7,808/yr, while 5% annual appreciation compiles into $334,301 by year five. Five-year ROI reaches 84.06% and total cumulative return in cash sums $329,539. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,883/mo property income covering a $5,922/mo payment, not borrower’s personal income.
Single Family
Built in 1955
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06907, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,849 (100%) |
| Owner Occupied HU | 2,555 (66.4%) |
| Renter Occupied HU | 1,170 (30.4%) |
| Vacant Housing Units | 124 ( 3.2%) |
| Median Home Value | $596,926 |
| Average Home Value | $629,026 |
Housing Distribution
Address Breakdown
Residential
3,764
Single Family
3,205
Multi-Family
559
Businesses
469
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Listed by: Eileen C. Carpanzano • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104796
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