195 Lenox AvenueBridgeportCT06605
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 195 Lenox Avenue, Bridgeport, CT, 06605 in Bridgeport. Rental yield 5.14%. At $699,000 with 5.14% gross yield, current distributions are modest, but the 5% appreciation rate projects $193,121 in new equity by year five, complemented by $6,438/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.95) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $153,873.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.1% |
| Monthly Cash Flow | $(1,757) | $850 |
City averages based on Bridgeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,993 |
| Total Monthly Debt Service | $4,471 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1920
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shafran Salim • Guy Bocicaut Real Estate
Mls Name: Smart MLS
Mls ID: #24125250