464 Wilmot AvenueBridgeportCT06607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 464 Wilmot Avenue, Bridgeport, CT, 06607 priced at $600,000 pairs $2,400/mo rent with after a $2,937/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 9.87% in year one, and rental yield stands at 4.8% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 49.74% and total cumulative return in cash reaches $98,196. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1917
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06607, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 921 (26.0%) |
| Renter Occupied HU | 2,263 (63.9%) |
| Vacant Housing Units | 357 (10.1%) |
| Median Home Value | $253,750 |
| Average Home Value | $254,137 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,746
Multi-Family
264
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth-Ann Mitchell • Larracuente & Johnson Realty, LLC
Mls Name: Smart MLS
Mls ID: #24144268