674 Selbys Pond RdStratfordCT06615
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 674 Selbys Pond Rd, Stratford, CT, 06615 uses $101,108 cash to close to unlock $7,098/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,493/mo payment keeps the spread at $592/mo. Purchase price stands at $305,000, and rental yield measures 10.48% with $2,664/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 141.3% and total cumulative return in cash records $142,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1915
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Casey • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.