409 Hope St APT GStamfordCT06906
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe headline number at 409 Hope St APT G, Stamford, CT, 06906 in Stamford is the 1.99 coverage ratio: rent of $4,020/mo versus a $2,023/mo debt payment on a $449,900 property. Rental yield 7.49%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $124,299 by year five, with $4,144/yr in equity from paydown. Total projected cumulative return: $212,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 4.5% |
| Monthly Cash Flow | $(609) | $1,850 |
City averages based on Stamford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,020 |
| Total Monthly Debt Service | $3,238 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1976
N/A lot
$N/A/sqft
$360 monthly 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
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
Condo
Built in 1976
N/A lot
$N/A/sqft
$360 monthly 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: Balestriere Team at William Raveis Real Estate • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24055581
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.