671 Fern Hill RdBristolCT06019
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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 671 Fern Hill Rd, Bristol, CT, 06019 priced at $697,000 converts $2,520/mo rent into after a $3,411/mo obligation. Total monthly income equals $2,520/mo. Return on cash invested prints 8.47% in year one, and rental yield reads 4.34% against a $697,000 entry. Equity gained on principal adds $4,498/yr, while 5% annual appreciation compiles into $192,568 by year five. Five-year ROI reaches 42.25% and total cumulative return in cash sums $96,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $3,411/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Jen Deiulis • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087321
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.