73 Newfield AvenueBridgeportCT06607
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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 73 Newfield Avenue, Bridgeport, CT, 06607 at $620,000 posts ROI 8.24% with from $2,203/mo rent. Total monthly income equals $2,203/mo. Return on cash invested measures 8.24% and rental yield reads 4.26% at the current $620,000. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 by year five. Five-year ROI prints 41.01% and total cumulative return in cash totals $83,643. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,203/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1917
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: Carlos Ventura • Ventura Group Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106018
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.