3800 Main StreetStratfordCT06614
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 3800 Main Street, Stratford, CT, 06614 generates $3,077/mo in rent, after a $3,451/mo payment. Total monthly income is $3,077/mo. Return on cash invested sits at 11.2% in year one, and rental yield is 5.24% on a $705,000 entry. Equity gained on principal adds $4,549/yr, while 5% annual appreciation builds toward $194,779 over five years. Five-year ROI reaches 56.89% and total cumulative return in cash sums $131,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,077/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06614, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,730 (100%) |
| Owner Occupied HU | 11,437 (83.3%) |
| Renter Occupied HU | 1,743 (12.7%) |
| Vacant Housing Units | 550 ( 4.0%) |
| Median Home Value | $362,664 |
| Average Home Value | $451,603 |
Housing Distribution
Address Breakdown
Residential
13,364
Single Family
12,758
Multi-Family
606
Businesses
571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Tomanelli • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101962
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.