371 Barrett LnBridgeportNY13030
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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 371 Barrett Ln, Bridgeport, NY, 13030 priced at $975,000 converts $2,820/mo rent into after a $4,772/mo obligation. Total monthly income equals $2,820/mo. Return on cash invested prints 6.25% in year one, and rental yield reads 3.47% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 30.24% and total cumulative return in cash sums $96,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.58 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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Listed by: Richard C Wilbur • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1578027
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