79 Harbor Drive #306StamfordCT06902
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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
Investment property for sale in Stamford at 79 Harbor Drive #306, Stamford, CT, 06902 earns $1,235/mo cash flow from $6,188/mo rent with a $3,568/mo payment. Total monthly income totals $6,188/mo, and annual cash flow totals $14,819/yr on $239,841 capital. ROI tracks 26.24% on current figures, and rental yield reads 10.19% at a $729,000 purchase. Equity gained on principal adds $4,704/yr, and 5% annual appreciation supports $201,409 over five years. Five-year ROI reaches 137.55% and total cumulative return in cash sums $329,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,188/mo property income instead of your personal income.
Condo
Built in 1981
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: Antonio Zaccardo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24137852