245 Sailors LnBridgeportCT06605
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
Investment Highlights
Rental property for sale in Bridgeport at 245 Sailors Ln, Bridgeport, CT, 06605 priced at $1,069,000 pairs $9,162/mo rent with $1,899/mo cash flow after a $5,232/mo payment. Total monthly income equals $9,162/mo, and annual cash flow comes to $22,787/yr on $346,356 invested. Return on cash invested is 26.95% in year one, and rental yield stands at 10.28% on a $1,069,000 basis. Equity gained on principal adds $6,898/yr, and 5% annual appreciation accumulates to $295,345 by year five. Five-year ROI measures 141.31% and total cumulative return in cash reaches $489,427. For financing, Ziffy Mortgage’s DSCR program evaluates $9,162/mo property income against a $5,232/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.37 Acres 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: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #24091317