62 Rowsley Street #4BridgeportCT06605
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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 62 Rowsley Street #4, Bridgeport, CT, 06605 earns $580/mo cash flow from $2,443/mo rent with a $930/mo payment. Total monthly income totals $2,443/mo, and annual cash flow totals $6,960/yr on $62,985 capital. ROI tracks 30.96% on current figures, and rental yield reads 15.43% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 166.84% and total cumulative return in cash sums $105,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,443/mo property income instead of your personal income.
Condo
Built in 1918
N/A lot
$N/A/sqft
$572 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06605, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,749 (100%) |
| Owner Occupied HU | 2,871 (26.7%) |
| Renter Occupied HU | 7,216 (67.1%) |
| Vacant Housing Units | 662 ( 6.2%) |
| Median Home Value | $383,100 |
| Average Home Value | $550,172 |
Housing Distribution
Address Breakdown
Residential
9,462
Single Family
7,029
Multi-Family
2,433
Businesses
634
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Listed by: Christopher Constand • Higgins Group Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115054
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.