325 Lafayette Street #8205BridgeportCT06604
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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 325 Lafayette Street #8205, Bridgeport, CT, 06604 earns $417/mo cash flow from $1,470/mo rent with a $759/mo payment. Total monthly income totals $1,470/mo, and annual cash flow totals $4,998/yr on $51,383 capital. ROI tracks 29.64% on current figures, and rental yield reads 11.38% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 155.85% and total cumulative return in cash sums $80,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,470/mo property income instead of your personal income.
Condo
Built in 1890
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: James M. Foley • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24147652