2612 North Avenue #D7BridgeportCT06610
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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 2612 North Avenue #D7, Bridgeport, CT, 06610 offers a 10.89% rental yield on a $349,000 purchase with $3,166/mo rent. Total monthly income registers $3,166/mo, and a $1,708/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,755/yr on $115,694 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 122.84% and total cumulative return in cash at $142,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,166/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$482 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06610, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,192 (42.7%) |
| Renter Occupied HU | 4,977 (50.7%) |
| Vacant Housing Units | 646 ( 6.6%) |
| Median Home Value | $247,856 |
| Average Home Value | $296,119 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,381
Multi-Family
1,837
Businesses
634
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Listed by: Bozena Tisch • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24123516
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.