102 Carroll AvenueBridgeportCT06607
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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 Bridgeport at 102 Carroll Avenue, Bridgeport, CT, 06607 with 5% annual appreciation on a $350,000 basis while $2,879/mo rent supports operations. Total monthly income totals $2,879/mo and a $1,713/mo payment preserves $501/mo for cash returns. Annual cash flow comes to $6,012/yr on $116,025 deployed, and return on cash invested reaches 25.09% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 9.87%. Five-year ROI measures 131.41% and total cumulative return in cash totals $152,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,879/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06607, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 921 (26.0%) |
| Renter Occupied HU | 2,263 (63.9%) |
| Vacant Housing Units | 357 (10.1%) |
| Median Home Value | $253,750 |
| Average Home Value | $254,137 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,746
Multi-Family
264
Businesses
389
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Listed by: Velma Taylor • Jason Mitchell Real Estate Connecticut LLC
Mls Name: Smart MLS
Mls ID: #24149737