1083 Blue Hills Avenue APT G, Bloomfield, CT, 06002 | $121/mo Cash Flow

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1083 Blue Hills Avenue APT G, Bloomfield, CT, 06002 | $121/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bloomfield at 1083 Blue Hills Avenue APT G, Bloomfield, CT, 06002 uses $38,123 cash to close to unlock $1,446/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $902/mo, and a $563/mo payment keeps the spread at $121/mo. Purchase price stands at $115,000, and rental yield measures 9.41% with $902/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash records $47,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $902/mo property income covering a $563/mo payment rather than investor’s personal income.

Condo

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

One bedroom condo conveniently located, close to everything! This condo has a large living/dining room area with a wall unit a/c and a ceiling fan. The remodeled kitchen has new flooring, cabinets and countertops. Gas stove. Good sized bedroom with double closets. Extra closets throughout. Remodeled bathroom. All new thermopane windows. Custom blinds stay. HOA includes heat, hot water, gas, and snow and grounds maintenance. Back stairway leads to basement with coin-op laundry and separate storage units. Must be owner-occupant per condo assoc by-laws.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06002, Bloomfield, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,076 (100%)
Owner Occupied HU	6,480 (64.3%)
Renter Occupied HU	2,956 (29.3%)
Vacant Housing Units	640 ( 6.4%)
Median Home Value	$332,059
Average Home Value	$364,008