95 Lafayette Street APT 12StamfordCT06902
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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 95 Lafayette Street APT 12, Stamford, CT, 06902 earns $302/mo cash flow from $4,242/mo rent with a $2,838/mo payment. Total monthly income totals $4,242/mo, and annual cash flow totals $3,626/yr on $190,787 capital. ROI tracks 21.96% on current figures, and rental yield reads 8.78% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash sums $218,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,242/mo property income instead of your personal income.
Condo
Built in 1988
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: Basil Amso • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24127278