83 Sutton Place #83BloomfieldCT06002
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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 83 Sutton Place #83, Bloomfield, CT, 06002 listed at $179,777 pairs $1,441/mo rent with a $880/mo payment to leave $219/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $2,633/yr on $59,596 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 9.62% at a $179,777 basis. Equity gained on principal adds $1,160/yr, and annual property appreciation at 5% supports $49,669 by year five. Five-year ROI tracks 127.39% and total cumulative return in cash totals $75,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $880/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
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: Gary Crawford • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24146779