59 Lenox AvenueStratfordCT06615
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 Stratford at 59 Lenox Avenue, Stratford, CT, 06615 at $319,000 posts ROI 21.05% with $101/mo cash flow from $2,268/mo rent. Total monthly income equals $2,268/mo, and annual cash flow records $1,211/yr on $105,749 to close. Return on cash invested measures 21.05% and rental yield reads 8.53% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 109.78% and total cumulative return in cash totals $116,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,268/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
7,405 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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Nearby investment properties with comparable prices
Listed by: Thomas Bepko III • YellowBrick Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24135776