77 Havemeyer Ln UNIT 420StamfordCT06902
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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
Total monthly income runs $6,938/mo, and a $7,097/mo payment. Purchase price stands at $1,450,000, and rental yield measures 5.74% with $6,938/mo rent. Return on cash invested shows 12.93% in year one, and 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 66.11% and total cumulative return in cash records $310,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,938/mo property income covering a $7,097/mo payment rather than investor’s personal income.
Condo
Built in 2011
N/A 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: Stacy Young • William Raveis Real Estate
Mls Name: Greenwich MLS, Inc.
Mls ID: #123950