4 Grant Hill RdBloomfieldCT06002
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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 4 Grant Hill Rd, Bloomfield, CT, 06002 priced at $399,900 pairs $2,849/mo rent with $98/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,849/mo, and annual cash flow comes to $1,181/yr on $132,567 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.55% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 108.54% and total cumulative return in cash reaches $143,888. For financing, Ziffy Mortgage’s DSCR program evaluates $2,849/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.87 Acres lot
$N/A/sqft
$405 annually 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: Michael P. Antisdale • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081752
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.