47 Ridgecrest RoadStamfordCT06903
Nearby investment properties with comparable rents
- 3 Bed
- 3 Bath
- 2514 sft
- 3 Bed
- 3 Bath
- 2514 sft
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
Rental property for sale in Stamford at 47 Ridgecrest Road, Stamford, CT, 06903 priced at $1,875,000 converts $6,359/mo rent into after a $9,177/mo obligation. Total monthly income equals $6,359/mo. Return on cash invested prints 7.77% in year one, and rental yield reads 4.07% against a $1,875,000 entry. Equity gained on principal adds $12,099/yr, while 5% annual appreciation compiles into $518,028 by year five. Five-year ROI reaches 38.44% and total cumulative return in cash sums $233,534. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,359/mo property income covering a $9,177/mo payment, not borrower’s personal income.
Single Family
Built in 1967
2 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
Nearby investment properties with comparable rents
- 3 Bed
- 3 Bath
- 2514 sft
- 3 Bed
- 3 Bath
- 2514 sft
Nearby investment properties with comparable prices
Listed by: Chris Carozza Team • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098917
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.