14 Roxbury Lane #14, Bridgeport, CT, 06606 | $24/mo Cash Flow

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14 Roxbury Lane #14, Bridgeport, CT, 06606 | $24/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bridgeport at 14 Roxbury Lane #14, Bridgeport, CT, 06606 uses $87,848 cash to close to unlock $282/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,824/mo, and a $1,297/mo payment keeps the spread at $24/mo. Purchase price stands at $265,000, and rental yield measures 8.26% with $1,824/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 105.38% and total cumulative return in cash records $92,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,824/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the largest 2-bedroom, 2-bath unit in Foxledge, a highly desirable gated complex in the heart of North End. Located on the second floor, this bright and airy condo offers generous living space. Step into a spacious Living Room featuring recessed lighting, a ceiling fan, and a large window that fills the room with natural light. Enjoy direct access to your private balcony-perfect for morning coffee or evening relaxation. The Living Room seamlessly connects to the Dining Room providing an easy and open flow between both spaces. The Kitchen is well-appointed with wood cabinets, Quartz countertops, gas range, and stainless-steel appliances. It includes an area for a breakfast nook, making it a functional space for your everyday meals. The Primary Bedroom has an en-suite bathroom with a stall shower and a walk-in closet, ensuring privacy and ample storage. The Second Bedroom is also spacious, ideal for guests, family, or a home office. A second bathroom with a tub shower combo serves both the second bedroom and guests. Plenty closets for organization, in-unit washer and dryer for added convenience, plus a large storage unit in the lower level. HOA fees INCLUDE HEAT, HOT WATER, COOKING GAS, WATER and SEWER, offering great savings throughout the year! 2 Assigned parking spaces plus plenty of open spots and visitors' parking. The gated entrance provides an added layer of security, ensuring that only residents and authorized guests can enter the complex. Enjoy the summers by the POOL! Excellent location in the North End close to Trumbull Mall, restaurants, shopping, public transportation, library, tennis courts, Sacred Heart University and Merritt Parkway!

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