695 697 LAUREL AvenueBridgeportCT06604
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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 695 697 LAUREL Avenue, Bridgeport, CT, 06604 earns $2,014/mo cash flow from $5,400/mo rent with a $2,439/mo payment. Total monthly income totals $5,400/mo, and annual cash flow totals $24,171/yr on $165,186 capital. ROI tracks 34.54% on current figures, and rental yield reads 13% at a $498,300 purchase. Equity gained on principal adds $3,215/yr, and 5% annual appreciation supports $137,671 over five years. Five-year ROI reaches 182.12% and total cumulative return in cash sums $300,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,400/mo property income instead of your personal income.
Multi Family
Built in 1916
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06604, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,316 (100%) |
| Owner Occupied HU | 3,269 (26.5%) |
| Renter Occupied HU | 7,875 (63.9%) |
| Vacant Housing Units | 1,172 ( 9.5%) |
| Median Home Value | $273,911 |
| Average Home Value | $331,970 |
Housing Distribution
Address Breakdown
Residential
11,437
Single Family
7,045
Multi-Family
4,392
Businesses
1,051
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Listed by: Sherry Price • Realhome Services & Solutions
Mls Name: Smart MLS
Mls ID: #24132639