55 Merriman RoadStamfordCT06905
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 55 Merriman Road, Stamford, CT, 06905 earns $672/mo cash flow from $5,088/mo rent with a $3,181/mo payment. Total monthly income totals $5,088/mo, and annual cash flow totals $8,064/yr on $213,850 capital. ROI tracks 23.83% on current figures, and rental yield reads 9.39% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash sums $266,522. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,088/mo property income instead of your personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06905, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,048 (100%) |
| Owner Occupied HU | 5,333 (66.3%) |
| Renter Occupied HU | 2,362 (29.3%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $647,003 |
| Average Home Value | $742,976 |
Housing Distribution
Address Breakdown
Residential
8,885
Single Family
6,174
Multi-Family
2,711
Businesses
1,063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dez Slezak • Houlihan Lawrence
Mls Name: Smart MLS
Mls ID: #24144777