28 Biltmore Park #28, Bloomfield, CT, 06002 | $347/mo Cash Flow

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28 Biltmore Park #28, Bloomfield, CT, 06002 | $347/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 28 Biltmore Park #28, Bloomfield, CT, 06002 uses $127,628 cash to close to unlock $4,158/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $2,962/mo, and a $1,884/mo payment keeps the spread at $347/mo. Purchase price stands at $385,000, and rental yield measures 9.23% with $2,962/mo rent. Return on cash invested shows 23.17% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 121.12% and total cumulative return in cash records $154,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $1,884/mo payment rather than investor’s personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 28 Biltmore Park - Luxury living in the sought-after Balbrae Community. Nestled on the edge of Auer Farm State Park and just minutes from the West Hartford Reservoir, this impeccably updated townhouse offers the perfect blend of nature, comfort, and convenience. Enjoy direct access to scenic hiking trails while living close to everything Bloomfield and West Hartford have to offer. Step inside to discover a beautifully renovated interior featuring a fully updated kitchen with modern cabinetry, sleek countertops, and stainless steel appliances. The open-concept main level is perfect for entertaining, complete with new flooring, custom lighting, and a cozy electric fireplace in the spacious living room. Step out onto your private deck to unwind with tranquil, highly desirable views of the surrounding landscape. Upstairs, both bedrooms boast custom-built-in closet systems and updated en suite and hall bathrooms. Designer window treatments and thoughtful upgrades throughout add elegance and functionality to every room. The lower level offers additional living space with new lighting and a renovated full bathroom-ideal for a home office, gym, or guest suite. Located on the Bloomfield/West Hartford line, Balbrae offers easy access to Downtown Hartford, Bradley International Airport, major highways, hospitals, and both West Hartford and Bloomfield Centers. Don't miss this rare opportunity to own a fully updated home in one of the area's most desirable communities. Professional photographs are coming shortly

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