71 Strawberry Hill Avenue APT 110StamfordCT06905
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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
Rental property for sale in Stamford at 71 Strawberry Hill Avenue APT 110, Stamford, CT, 06905 generates $2,061/mo in rent and, after a $1,419/mo payment, leaves $91/mo in cash flow. Total monthly income is $2,061/mo, and annual cash flow is $1,094/yr on $96,102 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 8.53% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 109.78% and total cumulative return in cash sums $105,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,061/mo property income rather than buyer’s personal income.
Condo
Built in 1959
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: Pasquale Cardone • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24126834