2600 Park Avenue #6HBridgeportCT06604
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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 2600 Park Avenue #6H, Bridgeport, CT, 06604 uses $47,073 cash to close to unlock $6,302/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $1,906/mo, and a $695/mo payment keeps the spread at $525/mo. Purchase price stands at $142,000, and rental yield measures 16.11% with $1,906/mo rent. Return on cash invested shows 33.3% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 179.37% and total cumulative return in cash records $84,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $695/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$416 monthly 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: Shawna Vallillo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24110320
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.