37 Columbus Pl UNIT 2StamfordCT06907
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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 37 Columbus Pl UNIT 2, Stamford, CT, 06907 priced at $519,000 pairs $3,780/mo rent with after a $2,540/mo payment. Total monthly income equals $3,780/mo. Return on cash invested is 18.86% in year one, and rental yield stands at 8.74% on a $519,000 basis. Equity gained on principal adds $3,349/yr, and 5% annual appreciation accumulates to $143,390 by year five. Five-year ROI measures 99.05% and total cumulative return in cash reaches $169,125. For financing, Ziffy Mortgage’s DSCR program evaluates $3,780/mo property income against a $2,540/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$425 monthly 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: Yulka Markevich • Iron Gates Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083705
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.