881 Lafayette Boulevard #1A, Bridgeport, CT, 06604 | $386/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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881 Lafayette Boulevard #1A, Bridgeport, CT, 06604 | $386/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bridgeport at 881 Lafayette Boulevard #1A, Bridgeport, CT, 06604 generates $2,594/mo in rent and, after a $1,591/mo payment, leaves $386/mo in cash flow. Total monthly income is $2,594/mo, and annual cash flow is $4,626/yr on $107,738 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 9.58% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 126.69% and total cumulative return in cash sums $136,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,594/mo property income rather than buyer’s personal income.

Condo

Built in 1929

N/A lot

$N/A/sqft

No HOA

More details about the property

Act Fast! This beautifully updated 2-story condo is a rare find that won't last! Tucked away in a peaceful and highly sought-after Bridgeport neighborhood, this gem offers the perfect balance of serenity and convenience, just minutes to the vibrant town center, Metro-North and Amtrak trains, and all local amenities. Featuring 9-foot ceilings, a private entrance, and a charming patio and On-Site Gym Facilities, this move-in-ready home is ideal whether you're downsizing, right-sizing, or just starting out. With its modern updates, inviting character, and prime location, it's ready for you to make it your own. The motivated seller has priced this one to move, don't miss your chance! Schedule your showing today before it's gone!

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