405 Glendale Avenue #A3, Bridgeport, CT, 06606 | $180/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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405 Glendale Avenue #A3, Bridgeport, CT, 06606 | $180/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bridgeport at 405 Glendale Avenue #A3, Bridgeport, CT, 06606 generates $1,532/mo in rent and, after a $974/mo payment, leaves $180/mo in cash flow. Total monthly income is $1,532/mo, and annual cash flow is $2,159/yr on $65,969 invested. Return on cash invested sits at 23.18% in year one, and rental yield is 9.24% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash sums $79,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,532/mo property income rather than buyer’s personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Move-in ready first-floor condominium offering comfort and convenience. Features include one assigned parking space and basement storage. Ideally located in the desirable North End neighborhood. With low taxes and low common charges, this home is more affordable than renting. Back on the market-previous offer was unable to perform.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06606, Bridgeport, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,356 (100%)
Owner Occupied HU	9,785 (53.3%)
Renter Occupied HU	7,465 (40.7%)
Vacant Housing Units	1,106 ( 6.0%)
Median Home Value	$283,654
Average Home Value	$374,558