35 Saddle Ridge #35BloomfieldCT06002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $5,918/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 9.8% with $5,918/mo rent. Return on cash invested shows 19.01% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 100.99% and total cumulative return in cash records $240,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,918/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,200 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SUSIE HATCH TEAM • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100709
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.