162 Shrub RoadBristolCT06010
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
Investment Highlights
Rental property for sale in Bristol at 162 Shrub Road, Bristol, CT, 06010 generates $2,607/mo in rent and, after a $1,640/mo payment, leaves $331/mo in cash flow. Total monthly income is $2,607/mo, and annual cash flow is $3,966/yr on $111,053 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 9.34% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 122.8% and total cumulative return in cash sums $136,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,607/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.79 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad T. Crookes • Statewide Premier Prop. LLC
Mls Name: Smart MLS
Mls ID: #24106479