373-375 Midland StBridgeportCT06605
Nearby investment properties with comparable rents
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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 373-375 Midland St, Bridgeport, CT, 06605 earns $1,509/mo cash flow from $4,236/mo rent with a $1,494/mo payment. Total monthly income totals $4,236/mo, and annual cash flow totals $18,114/yr on $101,197 capital. ROI tracks 37.81% on current figures, and rental yield reads 16.65% at a $305,270 purchase. Equity gained on principal adds $1,970/yr, and 5% annual appreciation supports $84,340 over five years. Five-year ROI reaches 202.45% and total cumulative return in cash sums $204,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,236/mo property income instead of your personal income.
Multi Family
Built in 1929
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06605, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,749 (100%) |
| Owner Occupied HU | 2,871 (26.7%) |
| Renter Occupied HU | 7,216 (67.1%) |
| Vacant Housing Units | 662 ( 6.2%) |
| Median Home Value | $383,100 |
| Average Home Value | $550,172 |
Housing Distribution
Address Breakdown
Residential
9,462
Single Family
7,029
Multi-Family
2,433
Businesses
634
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