74 Standish Road APT 3StamfordCT06902
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 74 Standish Road APT 3, Stamford, CT, 06902 in Stamford achieves a 1.54 ratio at $265,000: $1,833/mo rent versus $1,192/mo debt service. Rental yield 8.3%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.3% yield compounds alongside 5% annual appreciation projecting $73,215 in value. Total projected cumulative return: $78,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.5% |
| Monthly Cash Flow | $(387) | $1,850 |
City averages based on Stamford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,833 |
| Total Monthly Debt Service | $2,114 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1951
N/A lot
$N/A/sqft
$419 monthly 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
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
Condo
Built in 1951
N/A lot
$N/A/sqft
$419 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Furey • Keller Williams Realty Prtnrs.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105293
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.