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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Stratford at 3699 Broadbridge Ave UNIT 234, Stratford, CT, 06614 offers a 10.21% rental yield on a $199,000 purchase with $1,693/mo rent. 94% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 91.05% and total cumulative return in cash at $60,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,693/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$504 monthly HOA
Neighborhood data shown for ZIP Code: 06614, Stratford, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,730 (100%) |
| Owner Occupied HU | 11,437 (83.3%) |
| Renter Occupied HU | 1,743 (12.7%) |
| Vacant Housing Units | 550 ( 4.0%) |
| Median Home Value | $362,664 |
| Average Home Value | $451,603 |
Residential
13,364
Single Family
12,758
Multi-Family
606
Businesses
571
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $199,000 |
| 2023-06-05 | Sold | $105,000 |
| 2023-05-19 | Contingent | $99,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $1672.00 | N/A | $41,580 | N/A |
| 2023-04-29 | $1672.00 | 1.89% | $41,580 | N/A |
| 2022-04-29 | $1641.00 | N/A | $41,580 | N/A |
What's Special
None
Listed by: Elaine Guedes • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090201
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.
