4 Austin AvenueStamfordCT06905
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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 4 Austin Avenue, Stamford, CT, 06905 priced at $599,000 converts $2,887/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,887/mo. Return on cash invested prints 12.86% in year one, and rental yield reads 5.78% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 65.79% and total cumulative return in cash sums $129,646. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,887/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06905, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,048 (100%) |
| Owner Occupied HU | 5,333 (66.3%) |
| Renter Occupied HU | 2,362 (29.3%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $647,003 |
| Average Home Value | $742,976 |
Housing Distribution
Address Breakdown
Residential
8,885
Single Family
6,174
Multi-Family
2,711
Businesses
1,063
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Listed by: Aziz Seyal • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24146033