51 Winfield DriveStratfordCT06615
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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
Investment property for sale in Stratford at 51 Winfield Drive, Stratford, CT, 06615 uses $116,025 cash to close to unlock $240/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,398/mo, and a $1,713/mo payment keeps the spread at $20/mo. Purchase price stands at $350,000, and rental yield measures 8.22% with $2,398/mo rent. Return on cash invested shows 20.12% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 104.74% and total cumulative return in cash records $121,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,398/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06615, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,000 (100%) |
| Owner Occupied HU | 4,831 (60.4%) |
| Renter Occupied HU | 2,653 (33.2%) |
| Vacant Housing Units | 516 ( 6.4%) |
| Median Home Value | $379,267 |
| Average Home Value | $422,550 |
Housing Distribution
Address Breakdown
Residential
7,584
Single Family
6,722
Multi-Family
862
Businesses
1,040
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Listed by: George Papageorge • Regal Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120190
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.