55 Wessels Ave APT 14BridgeportCT06608
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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 55 Wessels Ave APT 14, Bridgeport, CT, 06608 listed at $239,999 pairs $1,610/mo rent with a $1,175/mo payment. Total monthly income runs $1,610/mo. Return on cash invested measures 16.2% in year one, and rental yield registers 8.05% at a $239,999 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,307 by year five. Five-year ROI tracks 84.97% and total cumulative return in cash totals $67,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,610/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
$225 monthly 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: Jessy Cuevas • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091316
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