59 Woodway Road APT 1StamfordCT06907
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 59 Woodway Road APT 1, Stamford, CT, 06907 at $550,000 posts ROI 25.92% with $883/mo cash flow from $4,620/mo rent. Total monthly income equals $4,620/mo, and annual cash flow records $10,596/yr on $180,950 to close. Return on cash invested measures 25.92% and rental yield reads 10.08% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 135.82% and total cumulative return in cash totals $245,758.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06907, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,849 (100%) |
| Owner Occupied HU | 2,555 (66.4%) |
| Renter Occupied HU | 1,170 (30.4%) |
| Vacant Housing Units | 124 ( 3.2%) |
| Median Home Value | $596,926 |
| Average Home Value | $629,026 |
Housing Distribution
Address Breakdown
Residential
3,764
Single Family
3,205
Multi-Family
559
Businesses
469
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Listed by: Nicole L. Borsey • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24151484