114 Minturn PlaceBridgeportCT06606
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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 114 Minturn Place, Bridgeport, CT, 06606 uses $97,793 cash to close to unlock $258/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $2,026/mo, and a $1,444/mo payment keeps the spread at $22/mo. Purchase price stands at $295,000, and rental yield measures 8.24% with $2,026/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 105.07% and total cumulative return in cash records $102,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,026/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06606, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,356 (100%) |
| Owner Occupied HU | 9,785 (53.3%) |
| Renter Occupied HU | 7,465 (40.7%) |
| Vacant Housing Units | 1,106 ( 6.0%) |
| Median Home Value | $283,654 |
| Average Home Value | $374,558 |
Housing Distribution
Address Breakdown
Residential
17,090
Single Family
14,286
Multi-Family
2,804
Businesses
877
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Listed by: George Gardone • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24146665