11 Woodland Avenue APT E, Bloomfield, CT, 06002 | $11/mo Cash Flow

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11 Woodland Avenue APT E, Bloomfield, CT, 06002 | $11/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 Woodland Avenue APT E, Bloomfield, CT, 06002 offers a 8.21% rental yield on a $228,000 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $1,116/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $130/yr on $75,582 to close, and return on cash invested stands at 20.08% in year one. Equity gained on principal adds $1,471/yr while 5% annual appreciation supports $62,992 over five years. Portfolio math shows five-year ROI at 104.57% and total cumulative return in cash at $79,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,116/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Bloomfield Village, a charming condo community nestled in the heart of Bloomfield. This inviting 2-bedroom, 1.5-bath unit offers both comfort and potential, featuring central air, a newer water heater, and a generously sized basement with plenty of storage space. Enjoy outdoor living on the freshly painted deck and patio, or relax by the community's in-ground pool. Conveniently located just minutes from Wintonbury Mall, you'll find a variety of shopping, dining, and everyday conveniences nearby. Town amenities such as the Bloomfield Library, Town Hall, schools, and local parks are also within easy reach. With its prime location and solid structure, this condo presents an excellent opportunity to create a home that truly reflects your style. Property is being sold as is.

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