1544 Park AveBridgeportCT06604
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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 1544 Park Ave, Bridgeport, CT, 06604 at $499,900 posts ROI 24.33% with $611/mo cash flow from $4,008/mo rent. Total monthly income equals $4,008/mo, and annual cash flow records $7,334/yr on $165,717 to close. Return on cash invested measures 24.33% and rental yield reads 9.62% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 127.38% and total cumulative return in cash totals $211,092.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06604, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,316 (100%) |
| Owner Occupied HU | 3,269 (26.5%) |
| Renter Occupied HU | 7,875 (63.9%) |
| Vacant Housing Units | 1,172 ( 9.5%) |
| Median Home Value | $273,911 |
| Average Home Value | $331,970 |
Housing Distribution
Address Breakdown
Residential
11,437
Single Family
7,045
Multi-Family
4,392
Businesses
1,051
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Listed by: Thomas Cody • ASJ Realty Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078719
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.