661 Park StreetBridgeportCT06608
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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 661 Park Street, Bridgeport, CT, 06608 at $540,600 posts ROI 13.09% with from $2,640/mo rent. Total monthly income equals $2,640/mo. Return on cash invested measures 13.09% and rental yield reads 5.86% at the current $540,600. Equity gained on principal adds $3,488/yr, and 5% annual appreciation supports $149,358 by year five. Five-year ROI prints 67.03% and total cumulative return in cash totals $119,219. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1925
2,613 sqft 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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Nearby investment properties with comparable prices
Listed by: Bharat Manandhar • William Pitt Sothebys Trumbull
Mls Name: Smart MLS
Mls Provider:
Mls ID: #98069690
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.