44 Strawberry Hill Avenue #1EStamfordCT06902
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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 44 Strawberry Hill Avenue #1E, Stamford, CT, 06902 offers $2,725/mo rent that, after a $1,444/mo payment, leaves $721/mo cash flow. Total monthly income is $2,725/mo, and annual cash flow is $8,646/yr on $97,793 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 11.08% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 151.06% and total cumulative return in cash reaches $147,722. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,725/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06902, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,265 (100%) |
| Owner Occupied HU | 11,101 (35.5%) |
| Renter Occupied HU | 18,435 (59.0%) |
| Vacant Housing Units | 1,729 ( 5.5%) |
| Median Home Value | $632,932 |
| Average Home Value | $741,180 |
Housing Distribution
Address Breakdown
Residential
27,231
Single Family
16,684
Multi-Family
10,547
Businesses
1,798
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Listed by: Aaron Ramkalawan • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24107760