1373 Iranistan AvenueBridgeportCT06605
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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 1373 Iranistan Avenue, Bridgeport, CT, 06605 uses $164,756 cash to close to unlock $4,112/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $3,720/mo, and a $2,433/mo payment keeps the spread at $343/mo. Purchase price stands at $497,000, and rental yield measures 8.98% with $3,720/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $137,312 over five years. Five-year ROI reaches 117.02% and total cumulative return in cash records $192,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,720/mo property income covering a $2,433/mo payment rather than investor’s personal income.
Multi Family
Built in 1889
2,613 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: David Laurent • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls ID: #24129642