188 Oliver Way #188BloomfieldCT06002
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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 188 Oliver Way #188, Bloomfield, CT, 06002 listed at $440,000 pairs $2,574/mo rent with a $2,154/mo payment. Total monthly income runs $2,574/mo. Return on cash invested measures 16.49% in year one, and rental yield registers 7.02% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 85.27% and total cumulative return in cash totals $124,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,574/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
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: Amanda Layden • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24148907