407 Hollister StreetStratfordCT06615
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 Stratford at 407 Hollister Street, Stratford, CT, 06615 at $454,000 posts ROI 11.86% with from $2,075/mo rent. Total monthly income equals $2,075/mo. Return on cash invested measures 11.86% and rental yield reads 5.48% at the current $454,000. Equity gained on principal adds $2,930/yr, and 5% annual appreciation supports $125,432 by year five. Five-year ROI prints 60.49% and total cumulative return in cash totals $91,034. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,075/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1905
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06615, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,000 (100%) |
| Owner Occupied HU | 4,831 (60.4%) |
| Renter Occupied HU | 2,653 (33.2%) |
| Vacant Housing Units | 516 ( 6.4%) |
| Median Home Value | $379,267 |
| Average Home Value | $422,550 |
Housing Distribution
Address Breakdown
Residential
7,584
Single Family
6,722
Multi-Family
862
Businesses
1,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa English • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094213
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.