107 Colony StreetBridgeportCT06610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgeport at 107 Colony Street, Bridgeport, CT, 06610 priced at $379,000 pairs $2,591/mo rent with $16/mo cash flow after a $1,855/mo payment. Total monthly income equals $2,591/mo, and annual cash flow comes to $191/yr on $125,639 invested. Return on cash invested is 20.06% in year one, and rental yield stands at 8.2% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 104.45% and total cumulative return in cash reaches $131,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,591/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1917
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06610, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,192 (42.7%) |
| Renter Occupied HU | 4,977 (50.7%) |
| Vacant Housing Units | 646 ( 6.6%) |
| Median Home Value | $247,856 |
| Average Home Value | $296,119 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,381
Multi-Family
1,837
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucy Larracuente-Johnson • Larracuente & Johnson Realty, LLC
Mls Name: Smart MLS
Mls ID: #24151151