60 Gilmore Street #21BridgeportCT06608
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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 60 Gilmore Street #21, Bridgeport, CT, 06608 earns $179/mo cash flow from $1,435/mo rent with a $905/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $2,144/yr on $61,294 capital. ROI tracks 23.41% on current figures, and rental yield reads 9.31% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash sums $75,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your personal income.
Condo
Built in 1981
N/A 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: Todd Debek • Debek Real Estate Services LLC
Mls Name: Smart MLS
Mls ID: #24149475