25 Cartright Street #3KBridgeportCT06604
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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
Investment property for sale in Bridgeport at 25 Cartright Street #3K, Bridgeport, CT, 06604 at $185,000 posts ROI 24.24% with $222/mo cash flow from $1,478/mo rent. Total monthly income equals $1,478/mo, and annual cash flow records $2,658/yr on $61,328 to close. Return on cash invested measures 24.24% and rental yield reads 9.59% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 126.92% and total cumulative return in cash totals $77,835.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,478/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06604, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,316 (100%) |
| Owner Occupied HU | 3,269 (26.5%) |
| Renter Occupied HU | 7,875 (63.9%) |
| Vacant Housing Units | 1,172 ( 9.5%) |
| Median Home Value | $273,911 |
| Average Home Value | $331,970 |
Housing Distribution
Address Breakdown
Residential
11,437
Single Family
7,045
Multi-Family
4,392
Businesses
1,051
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Listed by: Ellen Fusco • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24151652