64 Locust StreetBridgeportCT06610
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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 64 Locust Street, Bridgeport, CT, 06610 at $515,000 posts ROI 12.92% with from $2,492/mo rent. Total monthly income equals $2,492/mo. Return on cash invested measures 12.92% and rental yield reads 5.81% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 66.16% and total cumulative return in cash totals $112,105. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,492/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1942
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06610, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,192 (42.7%) |
| Renter Occupied HU | 4,977 (50.7%) |
| Vacant Housing Units | 646 ( 6.6%) |
| Median Home Value | $247,856 |
| Average Home Value | $296,119 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,381
Multi-Family
1,837
Businesses
634
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Listed by: Lucy Newton • Coldwell Banker Bivins Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100622
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.