98 Carroll AvenueBridgeportCT06607
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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 98 Carroll Avenue, Bridgeport, CT, 06607 earns from $2,752/mo rent with a $3,181/mo payment. Total monthly income totals $2,752/mo. ROI tracks 10.72% on current figures, and rental yield reads 5.08% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 54.34% and total cumulative return in cash sums $116,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,752/mo property income instead of your personal income.
Multi Family
Built in 1917
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06607, Bridgeport, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 921 (26.0%) |
| Renter Occupied HU | 2,263 (63.9%) |
| Vacant Housing Units | 357 (10.1%) |
| Median Home Value | $253,750 |
| Average Home Value | $254,137 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,746
Multi-Family
264
Businesses
389
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Listed by: Velma Taylor • Jason Mitchell Real Estate Connecticut LLC
Mls Name: Smart MLS
Mls ID: #24149749