41 Council Ring DriveBristolCT06010
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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 Bristol at 41 Council Ring Drive, Bristol, CT, 06010 priced at $335,000 converts $2,720/mo rent into $444/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,720/mo, and annual cash flow totals $5,322/yr on $111,053 invested. Return on cash invested prints 24.7% in year one, and rental yield reads 9.74% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 129.35% and total cumulative return in cash sums $143,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,720/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.34 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: Sandie A. Terenzi • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098387
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.