196 5th StreetBridgeportCT06607
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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 196 5th Street, Bridgeport, CT, 06607 generates $4,499/mo in rent and, after a $2,247/mo payment, leaves $1,380/mo in cash flow. Total monthly income is $4,499/mo, and annual cash flow is $16,559/yr on $152,159 invested. Return on cash invested sits at 30.79% in year one, and rental yield is 11.76% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 161.98% and total cumulative return in cash sums $246,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,499/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
3,920 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: Kathy Chiluisa • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24114824