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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomfield at 40 Lincoln Ter, Bloomfield, CT, 06002 priced at $449,900 converts $2,869/mo rent into after a $2,202/mo obligation. Total monthly income equals $2,869/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 7.65% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 95.55% and total cumulative return in cash sums $142,498. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,869/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1954
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06002, Bloomfield, CT area.
| 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 |
Residential
9,811
Single Family
8,117
Multi-Family
1,694
Businesses
1,162
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $449,900 |
| 2024-08-22 | Listed for sale | $459,900 |
| 2022-06-22 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $6708.00 | N/A | $181,160 | N/A |
| 2022-11-11 | $6708.00 | -2.77% | $181,160 | N/A |
| 2021-11-11 | $6899.00 | 1.53% | $181,160 | N/A |
What's Special
Pull Down Stairs
Listed by: Jeremy Carrasquillo-Pinet • Tier 1 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24041225
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.
