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Bridgeport, CT Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,994
Monthly Cash Flow
-$1,126
Principal + Equity
$3,123
Annual Total Gain
$23,967
Cash on Cash
-15.34%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$193
Occupancy Rate
47.91%
Monthly Revenue
$1,896
Monthly Cash Flow
-$1,509
Principal + Equity
$3,123
Annual Total Gain
$19,375
Cash on Cash %
-20.56%
Net ROI %
Market Health & Growth
Median Income
$56,584
Population
148,012
LTR Renter %
56.71%
Forecast (1 yr)
3.6%
Appreciation (1 yr)
2.98%
Appreciation (5 yr)
68.16%
Appreciation (10 yr)
152.83%
Job Growth
0.83%
LTR Rentability
Very Low
STR Demand
34
STR Rentals
176
Top Public Schools
ACenter for Global Studies
BP-TECH Norwalk
B
B
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C-
Overall
Top-level market grade
Most Diverse Cities in America
#22out of 229 markets
Most Diverse Suburbs in America
#63out of 6805 markets
Best Cities for Outdoor Activities in America
#44out of 229 markets
D
Public School
D
Crime And Safety
D-
Housing
B
Nightlife
C-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Bridgeport, CT.
Before investing in a property in Bridgeport, CT for short term rental purposes, an investor should be aware of the following regulations:
1. Registration: All short term rental properties in Bridgeport must be registered with the city's Department of Housing and Building Inspection.
2. Zoning restrictions: Investors should be aware of any zoning restrictions that may apply to short term rentals in Bridgeport. Some areas may have specific regulations regarding the use of properties for short term rentals.
3. Occupancy limits: Bridgeport may have occupancy limits for short term rental properties, so investors should be aware of these restrictions before purchasing a property.
4. Safety regulations: Short term rental properties in Bridgeport must meet certain safety regulations, such as having working smoke detectors and carbon monoxide detectors.
5. Taxes: Investors should be aware of any taxes that may apply to short term rental properties in Bridgeport, such as occupancy taxes or sales taxes.
6. Noise regulations: Bridgeport may have noise regulations that apply to short term rental properties, so investors should be aware of these restrictions to avoid potential fines or penalties.
7. Permit requirements: Investors should be aware of any permit requirements that may apply to short term rental properties in Bridgeport, such as a short term rental permit or a business license.
By being aware of these regulations and requirements, investors can ensure that they are in compliance with the law and can avoid any potential issues or penalties when operating a short term rental property in Bridgeport, CT.
Market Trends Over Time
Explore 25 years of market data for Bridgeport, CT, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Bridgeport, CT.
The LTR Genie Score of Bridgeport, CT is 59, indicating a moderate rating, while the STR Genie Score is 47, falling into the low category. The low LTR Rentability and STR Genie Score suggest that the market may not be ideal for short-term rental investments. The LTR Net ROI of 27.22% is relatively high, indicating potential for long-term rental profitability. However, the STR Net ROI of 22.0% is also attractive for short-term rental investors.
Bridgeport, CT has a 1-Year Price Appreciation Forecast of 3.6%, indicating potential for property value growth. The STR Occupancy rate of 47.91% and STR Revenue of 1896 suggest a steady demand for short-term rentals in the area.
Overall, Bridgeport, CT may be a suitable market for both long-term and short-term rental investments. Investors looking for higher ROI may lean towards long-term rentals, while those seeking a balance between ROI and occupancy rates may consider short-term rentals. Conducting further market research and analysis on property prices and rental demand in Bridgeport, CT would be beneficial for making an informed investment decision.
