43 Constance LaneStamfordCT06903
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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 43 Constance Lane, Stamford, CT, 06903 priced at $1,245,000 converts $7,615/mo rent into after a $6,094/mo obligation. Total monthly income equals $7,615/mo. Return on cash invested prints 17.86% in year one, and rental yield reads 7.34% against a $1,245,000 entry. Equity gained on principal adds $8,034/yr, while 5% annual appreciation compiles into $343,971 by year five. Five-year ROI reaches 92.56% and total cumulative return in cash sums $373,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,615/mo property income covering a $6,094/mo payment, not borrower’s personal income.
Single Family
Built in 1966
1.41 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: Wilson Alcantara • eXp Realty
Mls Name: Smart MLS
Mls ID: #24111896