1315 Raymond Hill RoadOakdaleCT06370
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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 Oakdale at 1315 Raymond Hill Road, Oakdale, CT, 06370 generates $3,372/mo in rent and, after a $2,056/mo payment, leaves $518/mo in cash flow. Total monthly income is $3,372/mo, and annual cash flow is $6,216/yr on $139,230 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 9.63% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash sums $177,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06370, Oakdale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 2,278 (80.0%) |
| Renter Occupied HU | 404 (14.2%) |
| Vacant Housing Units | 164 ( 5.8%) |
| Median Home Value | $338,778 |
| Average Home Value | $348,222 |
Housing Distribution
Address Breakdown
Residential
2,829
Single Family
2,789
Multi-Family
40
Businesses
103
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Listed by: Joe Malerba • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093250
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.