325 Lafayette St UNIT 4301BridgeportCT06604
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
Investment property for sale in Bridgeport at 325 Lafayette St UNIT 4301, Bridgeport, CT, 06604 listed at $180,000 pairs $1,431/mo rent with a $881/mo payment. Total monthly income runs $1,431/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 9.54% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 78.5% and total cumulative return in cash totals $46,841. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1890
N/A lot
$N/A/sqft
$473 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Balaj Home Advisors at Higgins Group • Higgins Group Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090754
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.