90 Strawberry Hill Avenue #3StamfordCT06902
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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 90 Strawberry Hill Avenue #3, Stamford, CT, 06902 generates $1,760/mo in rent and, after a $1,199/mo payment, leaves $96/mo in cash flow. Total monthly income is $1,760/mo, and annual cash flow is $1,146/yr on $81,218 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.62% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash sums $90,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,760/mo property income rather than buyer’s personal income.
Condo
Built in 1952
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: Paul Dedvukaj • NGI Asset Management
Mls Name: Smart MLS
Mls ID: #24149486