373 Iranistan AveBridgeportCT06604
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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 373 Iranistan Ave, Bridgeport, CT, 06604 priced at $139,900 pairs $2,146/mo rent with $756/mo cash flow after a $685/mo payment. Total monthly income equals $2,146/mo, and annual cash flow comes to $9,074/yr on $46,377 invested. Return on cash invested is 39.48% in year one, and rental yield stands at 18.41% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 212.78% and total cumulative return in cash reaches $98,679. For financing, Ziffy Mortgage’s DSCR program evaluates $2,146/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1918
N/A lot
$N/A/sqft
$439 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
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Listed by: Gail S. Robinson • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089637
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.