1610 Fairfield Avenue APT G4BridgeportCT06605
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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 1610 Fairfield Avenue APT G4, Bridgeport, CT, 06605 listed at $186,500 pairs $1,481/mo rent with a $913/mo payment to leave $214/mo cash flow. Total monthly income runs $1,481/mo, and annual cash flow reaches $2,564/yr on $61,825 cash to close. Return on cash invested measures 24.06% in year one, and rental yield registers 9.53% at a $186,500 basis. Equity gained on principal adds $1,203/yr, and annual property appreciation at 5% supports $51,527 by year five. Five-year ROI tracks 125.88% and total cumulative return in cash totals $77,825. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,481/mo property income relative to a $913/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A 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: Nutan P. Pawar • DreamHomes Realty LLC
Mls Name: Smart MLS
Mls ID: #24136916