91 West Broad Street #11StamfordCT06902
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 91 West Broad Street #11, Stamford, CT, 06902 in Stamford speaks for itself: 10.69% gross on a $785,000 price, generating $6,992/mo in rent and $1,209/mo in net income after the $3,530/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,505 stacks alongside $216,881 in projected five-year appreciation and $7,230/yr in principal reduction. Projected total cumulative return: $406,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 4.5% |
| Monthly Cash Flow | $1,209 | $1,850 |
City averages based on Stamford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,992 |
| Total Monthly Debt Service | $5,021 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2017
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
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 2017
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole J. Bates • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24140354