576 Bridgeview PlaceStratfordCT06614
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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 Stratford at 576 Bridgeview Place, Stratford, CT, 06614 offers $7,200/mo rent that, after a $4,351/mo payment, leaves $1,160/mo cash flow. Total monthly income is $7,200/mo, and annual cash flow is $13,919/yr on $292,481 cash. Return on cash invested measures 24.82% in year one, and rental yield stands at 9.72% at a $889,000 entry. Equity gained on principal adds $5,737/yr while 5% annual appreciation compounds into $245,614 by year five. Five-year ROI records 129.93% and total cumulative return in cash reaches $380,030. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,200/mo property income versus a $4,351/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06614, Stratford, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,364
Single Family
12,758
Multi-Family
606
Businesses
571
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Listed by: Jennifer Peters • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24138773