831 Park Ave UNIT 831BridgeportCT06604
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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 831 Park Ave UNIT 831, Bridgeport, CT, 06604 earns $139/mo cash flow from $2,257/mo rent with a $1,346/mo payment. Total monthly income totals $2,257/mo, and annual cash flow totals $1,662/yr on $91,163 capital. ROI tracks 21.73% on current figures, and rental yield reads 9.85% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash sums $104,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,257/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$250 monthly 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: Doug Puff • RE/MAX Town & Country
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088036
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.