881 Lafayette Boulevard #5KBridgeportCT06604
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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 881 Lafayette Boulevard #5K, Bridgeport, CT, 06604 listed at $219,999 pairs $1,906/mo rent with a $1,077/mo payment to leave $411/mo cash flow. Total monthly income runs $1,906/mo, and annual cash flow reaches $4,932/yr on $72,930 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 10.4% at a $219,999 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 139.89% and total cumulative return in cash totals $102,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,906/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1929
N/A 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: Jennifer Lynne • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24139389