2625 Park Ave #11PBridgeportCT06610
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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 2625 Park Ave #11P, Bridgeport, CT, 06610 generates $3,074/mo in rent and, after a $1,412/mo payment, leaves $312/mo in cash flow. Total monthly income is $3,074/mo, and annual cash flow is $3,742/yr on $95,638 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 12.79% on a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation builds toward $79,707 over five years. Five-year ROI reaches 128.26% and total cumulative return in cash sums $122,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,074/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$802 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: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #24103802