1161 Smithridge RdBridgeportNY13030
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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 Bridgeport at 1161 Smithridge Rd, Bridgeport, NY, 13030 generates $2,461/mo in rent and, after a $534/mo payment, leaves $1,733/mo in cash flow. Total monthly income is $2,461/mo, and annual cash flow is $20,791/yr on $36,134 invested. Return on cash invested sits at 77.45% in year one, and rental yield is 27.09% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 412.1% and total cumulative return in cash sums $148,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,461/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13030, Bridgeport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,967 (100%) |
| Owner Occupied HU | 1,424 (72.4%) |
| Renter Occupied HU | 301 (15.3%) |
| Vacant Housing Units | 242 (12.3%) |
| Median Home Value | $269,393 |
| Average Home Value | $367,117 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,601
Multi-Family
72
Businesses
74
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