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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% |
Investment property for sale in Bloomfield at 90 Wade Ave, Bloomfield, CT, 06002 with 5% annual appreciation on a $254,900 basis while $1,752/mo rent supports operations. Total monthly income totals $1,752/mo and a $1,248/mo payment preserves $20/mo for cash returns. Annual cash flow comes to $236/yr on $84,499 deployed, and return on cash invested reaches 20.19% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 8.25%. Five-year ROI measures 105.13% and total cumulative return in cash totals $88,836.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,752/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1933
10,018 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $254,900 |
| 1983-03-31 | Sold | $57,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $3670.00 | N/A | $99,120 | N/A |
| 2023-04-22 | $3670.00 | N/A | $99,120 | N/A |
| 2022-04-22 | $3670.00 | -2.76% | $99,120 | N/A |
What's Special
Access Via Hatch
Listed by: Jasmine C. Spencer • Spencer Solutions
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087833
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.
