656 Westover RdStamfordCT06902
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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 656 Westover Rd, Stamford, CT, 06902 listed at $1,196,000 pairs $7,960/mo rent with a $5,854/mo payment. Total monthly income runs $7,960/mo. Return on cash invested measures 19.85% in year one, and rental yield registers 7.99% at a $1,196,000 basis. Equity gained on principal adds $7,718/yr, and annual property appreciation at 5% supports $330,433 by year five. Five-year ROI tracks 103.26% and total cumulative return in cash totals $400,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,960/mo property income relative to a $5,854/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06902, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,265 (100%) |
| Owner Occupied HU | 11,101 (35.5%) |
| Renter Occupied HU | 18,435 (59.0%) |
| Vacant Housing Units | 1,729 ( 5.5%) |
| Median Home Value | $632,932 |
| Average Home Value | $741,180 |
Housing Distribution
Address Breakdown
Residential
27,231
Single Family
16,684
Multi-Family
10,547
Businesses
1,798
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Listed by: Susan Swidler • William Pitt Sotheby's Int'l
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #123100
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.