17 Turnberry Lane #17, Bloomfield, CT, 06002 | $782/mo Cash Flow

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17 Turnberry Lane #17, Bloomfield, CT, 06002 | $782/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 17 Turnberry Lane #17, Bloomfield, CT, 06002 offers a 10.44% rental yield on a $410,000 purchase with $3,568/mo rent. Total monthly income registers $3,568/mo, and a $2,007/mo payment leaves $782/mo available for distribution. Annual cash flow reaches $9,384/yr on $135,915 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 140.65% and total cumulative return in cash at $191,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,568/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover comfort, style, and convenience at The Greens at Gillette Ridge! This nicely appointed duplex-style home is ideally located in the heart of the community, just a short stroll from the clubhouse. Residents enjoy access to outstanding amenities, including an entertainment room with bar, kitchen, and pool table; a spacious great room with fireplace and piano-perfect for gatherings; plus a conference room, fitness center, and outdoor pool. Inside, the main level offers an open living and dining area, an eat-in kitchen, and a convenient half bath. Upstairs, the primary suite boasts a vaulted ceiling, walk-in closet, and full bath with double sinks, soaking tub, and walk-in shower. Two additional bedrooms, a full hallway bath, and a laundry room complete the second floor. The lower level provides abundant storage or the potential for future finishing, and the home includes an attached one-car garage. Don't miss your chance to make this inviting home yours!

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