184 Pacific StreetBridgeportCT06604
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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
Rental property for sale in Bridgeport at 184 Pacific Street, Bridgeport, CT, 06604 priced at $499,900 pairs $3,638/mo rent with $241/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,638/mo, and annual cash flow comes to $2,894/yr on $165,717 invested. Return on cash invested is 21.66% in year one, and rental yield stands at 8.73% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 113.02% and total cumulative return in cash reaches $187,296. For financing, Ziffy Mortgage’s DSCR program evaluates $3,638/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1887
3,484 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: Luis Sanchez • Sanchez Asset Realty
Mls Name: Smart MLS
Mls ID: #24140771