61 Ryegate TerraceStratfordCT06615
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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 61 Ryegate Terrace, Stratford, CT, 06615 offers a 10.01% rental yield on a $549,900 purchase with $4,588/mo rent. Total monthly income registers $4,588/mo, and a $2,691/mo payment leaves $852/mo available for distribution. Annual cash flow reaches $10,226/yr on $180,917 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 134.75% and total cumulative return in cash at $243,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,588/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.27 Acres 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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Listed by: Stacy M. Pfannkuch • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24143911