132 Turner 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 132 Turner Road, Oakdale, CT, 06370 priced at $599,888 converts $1,740/mo rent into after a $2,936/mo obligation. Total monthly income equals $1,740/mo. Return on cash invested prints 5.86% in year one, and rental yield reads 3.48% against a $599,888 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,738 by year five. Five-year ROI reaches 28.28% and total cumulative return in cash sums $55,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.55 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: Jason McKiernan • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24102646