388 Courtland Avenue #5CStamfordCT06906
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
Investment property for sale in Stamford at 388 Courtland Avenue #5C, Stamford, CT, 06906 listed at $169,000 pairs $1,296/mo rent with a $827/mo payment to leave $148/mo cash flow. Total monthly income runs $1,296/mo, and annual cash flow reaches $1,775/yr on $56,024 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 9.2% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 120.61% and total cumulative return in cash totals $67,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,296/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06906, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,083 (56.7%) |
| Renter Occupied HU | 1,445 (39.4%) |
| Vacant Housing Units | 144 ( 3.9%) |
| Median Home Value | $592,612 |
| Average Home Value | $607,164 |
Housing Distribution
Address Breakdown
Residential
3,711
Single Family
3,157
Multi-Family
554
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Auslander • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24102756