20 Haddon Street #5BridgeportCT06605
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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 20 Haddon Street #5, Bridgeport, CT, 06605 priced at $250,000 pairs $2,494/mo rent with $795/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,494/mo, and annual cash flow comes to $9,540/yr on $82,875 invested. Return on cash invested is 31.42% in year one, and rental yield stands at 11.97% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 165.35% and total cumulative return in cash reaches $137,038. For financing, Ziffy Mortgage’s DSCR program evaluates $2,494/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1916
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: Christopher Constand • Higgins Group Real Estate
Mls Name: Smart MLS
Mls ID: #24137504