115 Harborview AveBridgeportCT06605
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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 115 Harborview Ave, Bridgeport, CT, 06605 listed at $724,900 pairs $3,340/mo rent with a $3,548/mo payment. Total monthly income runs $3,340/mo. Return on cash invested measures 12.08% in year one, and rental yield registers 5.53% at a $724,900 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,277 by year five. Five-year ROI tracks 61.65% and total cumulative return in cash totals $147,021. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,340/mo property income relative to a $3,548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1915
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06605, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,749 (100%) |
| Owner Occupied HU | 2,871 (26.7%) |
| Renter Occupied HU | 7,216 (67.1%) |
| Vacant Housing Units | 662 ( 6.2%) |
| Median Home Value | $383,100 |
| Average Home Value | $550,172 |
Housing Distribution
Address Breakdown
Residential
9,462
Single Family
7,029
Multi-Family
2,433
Businesses
634
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Listed by: Jeff Wright & Team • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083486
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.