65 Riverside Avenue #65StamfordCT06905
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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 Stamford at 65 Riverside Avenue #65, Stamford, CT, 06905 offers a 7.9% rental yield on a $685,000 purchase with $4,508/mo rent. 28% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 100.24% and total cumulative return in cash at $225,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,508/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A 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
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Listed by: Hy Natarajan • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24145418