40 Wildwood RoadStamfordCT06903
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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 40 Wildwood Road, Stamford, CT, 06903 priced at $1,675,000 converts $5,039/mo rent into after a $8,198/mo obligation. Total monthly income equals $5,039/mo. Return on cash invested prints 6.35% in year one, and rental yield reads 3.61% against a $1,675,000 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation compiles into $462,772 by year five. Five-year ROI reaches 30.83% and total cumulative return in cash sums $167,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,039/mo property income covering a $8,198/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06903, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 4,668 (89.2%) |
| Renter Occupied HU | 363 ( 6.9%) |
| Vacant Housing Units | 202 ( 3.9%) |
| Median Home Value | $865,706 |
| Average Home Value | $958,879 |
Housing Distribution
Address Breakdown
Residential
5,211
Single Family
5,211
Multi-Family
0
Businesses
80
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Listed by: Ken Wile • Redfin Corporation
Mls Name: Smart MLS
Mls ID: #24111962