72 Shoreline DrStratfordCT06615
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
Rental property for sale in Stratford at 72 Shoreline Dr, Stratford, CT, 06615 priced at $1,180,000 converts $4,470/mo rent into after a $5,776/mo obligation. Total monthly income equals $4,470/mo. Return on cash invested prints 8.76% in year one, and rental yield reads 4.55% against a $1,180,000 entry. Equity gained on principal adds $7,614/yr, while 5% annual appreciation compiles into $326,012 by year five. Five-year ROI reaches 43.95% and total cumulative return in cash sums $168,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,470/mo property income covering a $5,776/mo payment, not borrower’s personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
$150 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A