11 Parents Way, Bloomfield, CT, 06002 | $1,334/mo Cash Flow

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11 Parents Way, Bloomfield, CT, 06002 | $1,334/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 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

More details about the property

Step into this move-in-ready four-bedroom and three-bath home situated on a quiet cul-de-sac in a great location on almost an acre of land! Attractive open floor plan on the main level features a combination living room and dining area open to the kitchen, just perfect for entertaining your guests. The kitchen is newly renovated, with a beautiful center island, quartz countertops, hardwood flooring, and all-new appliances. Four bedrooms and two newly renovated bathrooms on the main level, which includes a primary bedroom with an en-suite full bathroom and a walk-in closet. The fully finished lower area has the potential for an in-law area as it provides a newly renovated bathroom and an additional room/playroom/office space, and a door leading to the patio and rear yard for a separate entrance. Special features include central air, a new integrated tankless water and heating system, a new roof, new hardwood flooring throughout the main floor, and a large wooded area in the front, which provides more privacy on this oversized lot. Don't miss this one!

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