5 William PlaceBridgeportCT06608
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 5 William Place, Bridgeport, CT, 06608 priced at $340,000 pairs $2,355/mo rent with $45/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,355/mo, and annual cash flow comes to $540/yr on $112,710 invested. Return on cash invested is 20.39% in year one, and rental yield stands at 8.31% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 106.19% and total cumulative return in cash reaches $119,682. For financing, Ziffy Mortgage’s DSCR program evaluates $2,355/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1902
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06608, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,709 (100%) |
| Owner Occupied HU | 1,129 (19.8%) |
| Renter Occupied HU | 4,137 (72.5%) |
| Vacant Housing Units | 443 ( 7.8%) |
| Median Home Value | $211,601 |
| Average Home Value | $310,494 |
Housing Distribution
Address Breakdown
Residential
4,861
Single Family
4,033
Multi-Family
828
Businesses
449
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Listed by: Rudy Perkins • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120752
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.