14 Great Oak Ridge Way #14SeymourCT06483
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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 Seymour at 14 Great Oak Ridge Way #14, Seymour, CT, 06483 earns $243/mo cash flow from $2,838/mo rent with a $1,664/mo payment. Total monthly income totals $2,838/mo, and annual cash flow totals $2,916/yr on $112,710 capital. ROI tracks 22.5% on current figures, and rental yield reads 10.02% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash sums $133,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,838/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: Kenneth Viele, Jr. • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24121718
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.