68 Edwin StreetBridgeportCT06607
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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
Rental property for sale in Bridgeport at 68 Edwin Street, Bridgeport, CT, 06607 priced at $428,000 pairs $2,900/mo rent with after a $2,095/mo payment. Total monthly income equals $2,900/mo. Return on cash invested is 19.84% in year one, and rental yield stands at 8.13% on a $428,000 basis. Equity gained on principal adds $2,762/yr, and 5% annual appreciation accumulates to $118,249 by year five. Five-year ROI measures 103.26% and total cumulative return in cash reaches $146,507. For financing, Ziffy Mortgage’s DSCR program evaluates $2,900/mo property income against a $2,095/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1892
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06607, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 921 (26.0%) |
| Renter Occupied HU | 2,263 (63.9%) |
| Vacant Housing Units | 357 (10.1%) |
| Median Home Value | $253,750 |
| Average Home Value | $254,137 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,746
Multi-Family
264
Businesses
389
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Listed by: Owen Barrett • Globaltrans Properties LLC
Mls Name: Smart MLS
Mls ID: #24124669