




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bridgeport at 881 Lafayette Boulevard #5N, Bridgeport, CT, 06604 uses $75,831 cash to close to unlock $4,997/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $2,382/mo, and a $1,120/mo payment keeps the spread at $416/mo. Purchase price stands at $228,750, and rental yield measures 12.5% with $2,382/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $63,199 over five years. Five-year ROI reaches 141.36% and total cumulative return in cash records $107,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,382/mo property income covering a $1,120/mo payment rather than investor’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
$411 monthly HOA
Neighborhood data shown for ZIP Code: 06604, Bridgeport, CT area.
| 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 |
Residential
11,437
Single Family
7,045
Multi-Family
4,392
Businesses
1,051
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Sold | $228,750 |
| 2025-08-18 | Pending sale | $229,900 |
| 2025-08-11 | Contingent | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $3544.00 | N/A | $81,560 | N/A |
| 2023-10-28 | $3544.00 | N/A | $81,560 | N/A |
| 2022-10-28 | $3544.00 | N/A | $81,560 | N/A |



What's Special
None
Listed by: John Kleps • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114988
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.