79 Mencel Cir UNIT ABridgeportCT06610
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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 79 Mencel Cir UNIT A, Bridgeport, CT, 06610 priced at $222,000 pairs $1,484/mo rent with after a $1,087/mo payment. Total monthly income equals $1,484/mo. Return on cash invested is 13.83% in year one, and rental yield stands at 8.02% on a $222,000 basis. Equity gained on principal adds $1,433/yr, and 5% annual appreciation accumulates to $61,335 by year five. Five-year ROI measures 73.15% and total cumulative return in cash reaches $53,835. For financing, Ziffy Mortgage’s DSCR program evaluates $1,484/mo property income against a $1,087/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1949
N/A lot
$N/A/sqft
$348 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06610, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,192 (42.7%) |
| Renter Occupied HU | 4,977 (50.7%) |
| Vacant Housing Units | 646 ( 6.6%) |
| Median Home Value | $247,856 |
| Average Home Value | $296,119 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,381
Multi-Family
1,837
Businesses
634
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Listed by: Good Living CT Team at Better Homes and Gardens Real Estate • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081499
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.