138 New StreetBristolCT06010
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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 Bristol at 138 New Street, Bristol, CT, 06010 listed at $325,000 pairs $2,543/mo rent with a $1,591/mo payment to leave $335/mo cash flow. Total monthly income runs $2,543/mo, and annual cash flow reaches $4,014/yr on $107,738 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 9.39% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 123.62% and total cumulative return in cash totals $133,189. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,543/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06010, Bristol, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,698 (100%) |
| Owner Occupied HU | 16,830 (60.8%) |
| Renter Occupied HU | 9,356 (33.8%) |
| Vacant Housing Units | 1,512 ( 5.5%) |
| Median Home Value | $316,220 |
| Average Home Value | $341,970 |
Housing Distribution
Address Breakdown
Residential
27,024
Single Family
23,987
Multi-Family
3,037
Businesses
1,355
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Listed by: Cheryl Defosse • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096098
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.