393 Laurel Avenue APT 415BridgeportCT06605
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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 393 Laurel Avenue APT 415, Bridgeport, CT, 06605 earns $142/mo cash flow from $1,290/mo rent with a $827/mo payment. Total monthly income totals $1,290/mo, and annual cash flow totals $1,703/yr on $56,024 capital. ROI tracks 22.95% on current figures, and rental yield reads 9.16% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 119.92% and total cumulative return in cash sums $67,183. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,290/mo property income instead of your personal income.
Condo
Built in 1972
N/A 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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Listed by: Janet Chavez • Option Realty, LLC
Mls Name: Smart MLS
Mls ID: #24125538