11 Parents WayBloomfieldCT06002
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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 Bloomfield at 11 Parents Way, Bloomfield, CT, 06002 with 5% annual appreciation on a $489,999 basis while $4,663/mo rent supports operations. Total monthly income totals $4,663/mo and a $2,398/mo payment preserves $1,334/mo for cash returns. Annual cash flow comes to $16,008/yr on $162,435 deployed, and return on cash invested reaches 29.76% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 11.42%. Five-year ROI measures 156.47% and total cumulative return in cash totals $254,160.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,663/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.89 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
8,117
Multi-Family
1,694
Businesses
1,162
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Listed by: Nathan Alexander • The Bella Group, LLC
Mls Name: Smart MLS
Mls ID: #24128157