516 Opa Lane #AStratfordCT06614
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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
Investment property for sale in Stratford at 516 Opa Lane #A, Stratford, CT, 06614 at $459,900 posts ROI 23.33% with $435/mo cash flow from $3,560/mo rent. Total monthly income equals $3,560/mo, and annual cash flow records $5,222/yr on $152,457 to close. Return on cash invested measures 23.33% and rental yield reads 9.29% at the current $459,900. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 by year five. Five-year ROI prints 122.03% and total cumulative return in cash totals $186,042.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06614, Stratford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,730 (100%) |
| Owner Occupied HU | 11,437 (83.3%) |
| Renter Occupied HU | 1,743 (12.7%) |
| Vacant Housing Units | 550 ( 4.0%) |
| Median Home Value | $362,664 |
| Average Home Value | $451,603 |
Housing Distribution
Address Breakdown
Residential
13,364
Single Family
12,758
Multi-Family
606
Businesses
571
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Listed by: Monica Dalton • Oronoque Real Estate
Mls Name: Smart MLS
Mls ID: #24139775