957 William Street APT ABridgeportCT06608
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.21% yield at 957 William Street APT A, Bridgeport, CT, 06608 in Bridgeport is solid, but the $674/mo payment compresses net cash flow to $132/mo at $149,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $41,415 by year five, and $1,381/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.71) without U.S. income documentation. Total projected return: $65,747.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.1% |
| Monthly Cash Flow | $132 | $850 |
City averages based on Bridgeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,150 |
| Total Monthly Debt Service | $959 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06608, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,709 (100%) |
| Owner Occupied HU | 1,129 (19.8%) |
| Renter Occupied HU | 4,137 (72.5%) |
| Vacant Housing Units | 443 ( 7.8%) |
| Median Home Value | $211,601 |
| Average Home Value | $310,494 |
Housing Distribution
Address Breakdown
Residential
4,861
Single Family
4,033
Multi-Family
828
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06608, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,709 (100%) |
| Owner Occupied HU | 1,129 (19.8%) |
| Renter Occupied HU | 4,137 (72.5%) |
| Vacant Housing Units | 443 ( 7.8%) |
| Median Home Value | $211,601 |
| Average Home Value | $310,494 |
Housing Distribution
Address Breakdown
Residential
4,861
Single Family
4,033
Multi-Family
828
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles W. Scott Sr • Tri-State Realty
Mls Name: Smart MLS
Mls ID: #24135559