455 Hope Street APT 2FStamfordCT06906
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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 455 Hope Street APT 2F, Stamford, CT, 06906 generates $4,577/mo in rent and, after a $2,648/mo payment, leaves $566/mo in cash flow. Total monthly income is $4,577/mo, and annual cash flow is $6,793/yr on $177,989 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 10.15% on a $541,000 entry. Equity gained on principal adds $3,491/yr, while 5% annual appreciation builds toward $149,468 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash sums $223,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,577/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$335 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
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Listed by: Karen Sheftell • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129040
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.