211 Norman StreetBridgeportCT06605
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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 211 Norman Street, Bridgeport, CT, 06605 priced at $670,000 pairs $3,518/mo rent with after a $3,279/mo payment. Total monthly income equals $3,518/mo. Return on cash invested is 14.43% in year one, and rental yield stands at 6.3% on a $670,000 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,109 by year five. Five-year ROI measures 74.22% and total cumulative return in cash reaches $163,613. For financing, Ziffy Mortgage’s DSCR program evaluates $3,518/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1867
6,534 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
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Listed by: Yesenia Reynoso Severino • RE/MAX Showcase
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096897
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.