191 Deforest AvenueBridgeportCT06607
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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 191 Deforest Avenue, Bridgeport, CT, 06607 generates $2,400/mo in rent and, after a $1,175/mo payment, leaves $769/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $9,228/yr on $79,560 invested. Return on cash invested sits at 31.51% in year one, and rental yield is 12% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 165.82% and total cumulative return in cash sums $131,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06607, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 921 (26.0%) |
| Renter Occupied HU | 2,263 (63.9%) |
| Vacant Housing Units | 357 (10.1%) |
| Median Home Value | $253,750 |
| Average Home Value | $254,137 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,746
Multi-Family
264
Businesses
389
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Listed by: Luis M. Cruz • Century 21 Scala Group
Mls Name: Smart MLS
Mls ID: #24144176