441 Clark Avenue APT 2BristolCT06010
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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
Investment property for sale in Bristol at 441 Clark Avenue APT 2, Bristol, CT, 06010 uses $54,664 cash to close to unlock $10,256/yr annual cash flow and $855/mo monthly cash flow. Total monthly income runs $1,975/mo, and a $807/mo payment keeps the spread at $855/mo. Purchase price stands at $164,900, and rental yield measures 14.37% with $1,975/mo rent. Return on cash invested shows 38.67% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 204.27% and total cumulative return in cash records $111,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,975/mo property income covering a $807/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A 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: Victor L. Santana • Santana Realty Group LLC
Mls Name: Smart MLS
Mls ID: #24129456