65 Patricia Road #NBridgeportCT06606
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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 65 Patricia Road #N, Bridgeport, CT, 06606 listed at $299,000 pairs $2,098/mo rent with a $1,463/mo payment to leave $67/mo cash flow. Total monthly income runs $2,098/mo, and annual cash flow reaches $803/yr on $99,119 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 8.42% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 107.97% and total cumulative return in cash totals $107,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,098/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06606, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,356 (100%) |
| Owner Occupied HU | 9,785 (53.3%) |
| Renter Occupied HU | 7,465 (40.7%) |
| Vacant Housing Units | 1,106 ( 6.0%) |
| Median Home Value | $283,654 |
| Average Home Value | $374,558 |
Housing Distribution
Address Breakdown
Residential
17,090
Single Family
14,286
Multi-Family
2,804
Businesses
877
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Listed by: Donna Genovese • Great Estates, CT
Mls Name: Smart MLS
Mls ID: #24144010