162 Thistle Pond Drive #162BloomfieldCT06002
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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
Rental property for sale in Bloomfield at 162 Thistle Pond Drive #162, Bloomfield, CT, 06002 generates $3,096/mo in rent and, after a $1,933/mo payment, leaves $413/mo in cash flow. Total monthly income is $3,096/mo, and annual cash flow is $4,950/yr on $130,943 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.41% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $162,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,096/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A 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: Craig Ings • Hill Top Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24151340