52 Mill Spring LaneStamfordCT06903
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
Investment property for sale in Stamford at 52 Mill Spring Lane, Stamford, CT, 06903 uses $396,900 cash to close to unlock $1,554/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $8,453/mo, and a $5,996/mo payment keeps the spread at $130/mo. Purchase price stands at $1,225,000, and rental yield measures 8.28% with $8,453/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 108.13% and total cumulative return in cash records $429,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,453/mo property income covering a $5,996/mo payment rather than investor’s personal income.
Single Family
Built in 1981
1.13 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
Nearby investment properties with comparable prices
Listed by: Noelle Corelli • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24138202
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.