5 William PlaceBridgeportCT06608
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5 William Place, Bridgeport, CT, 06608 in Bridgeport earns a respectable 8.31% gross yield at $340,000, but after the $1,529/mo mortgage the net cash flow is $45/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.54) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $93,936 over five years, making equity the dominant return driver. Total projected return: $132,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.1% |
| Monthly Cash Flow | $45 | $850 |
City averages based on Bridgeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,355 |
| Total Monthly Debt Service | $2,175 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.