50 Long Hill DriveStamfordCT06902
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
Investment Highlights
Rental property for sale in Stamford at 50 Long Hill Drive, Stamford, CT, 06902 priced at $698,000 pairs $1,320/mo rent with after a $3,416/mo payment. Total monthly income equals $1,320/mo. Return on cash invested is 2.18% in year one, and rental yield stands at 2.27% on a $698,000 basis. Equity gained on principal adds $4,504/yr, and 5% annual appreciation accumulates to $192,845 by year five. Five-year ROI measures 8.52% and total cumulative return in cash reaches $19,572. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $3,416/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.28 Acres 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: Mary Kay Daughters • Hoffman International Properties LLC
Mls Name: Smart MLS
Mls ID: #24111203