Condo Investment Properties for Sale in Bloomfield, CT
Listed for sale 4 days ago
$ 195,000
ROI
23.2
Cash Flow/m
185- 2 Bed
- 3 Bath
- 1344 sft
69 Sutton Place #69, Bloomfield, CT, 06002
$ 317,500
ROI
23.3Cash Flow/m
313- 2 Bed
- 3 Bath
- 1544 sft
226 Castlewood Drive #226, Bloomfield, CT, 06002
$ 299,000
ROI
26.2Cash Flow/m
533- 2 Bed
- 3 Bath
- 1258 sft
37 Reed Court #37, Bloomfield, CT, 06002
$ 152,000
ROI
22.4Cash Flow/m
113- 2 Bed
- 2 Bath
- 1368 sft
9 Woodland Avenue APT B, Bloomfield, CT, 06002
Why Invest in Bloomfield, Connecticut?
Investing in condos in Connecticut is an enticing option, especially with the lower entry costs typically associated with this property type. The state offers a rental yield of approximately 6%, a rental market that is increasingly renter-occupied, and an appreciation rate estimated at 4% annually, making it an attractive choice for investors.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Condos in Connecticut offer lower starting prices and higher rental yields compared to single-family homes. Investors can benefit from a diverse rental market with increasing demand.
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