23 Daniel RoadBristolCT06010
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 23 Daniel Road, Bristol, CT, 06010 in Bristol hard to pass up. The 10.72% gross yield on a $379,900 purchase results in $3,395/mo in rent and $814/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.99). Annual cash flow of $9,763, five-year appreciation of $104,959, and $3,499/yr in equity build-up combine for a projected total cumulative return of $197,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $814 | $200 |
City averages based on Bristol market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,395 |
| Total Monthly Debt Service | $2,430 |
| DSCR Ratio | 1.40x |
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.
Single Family
Built in 1995
0.33 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
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
Single Family
Built in 1995
0.33 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: Kaysha Maldonado • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24142121