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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% |
Rental property for sale in Oakdale at 17 Laurel Point Dr, Oakdale, CT, 06370 generates $1,740/mo in rent and, after a $734/mo payment, leaves $721/mo in cash flow. Total monthly income is $1,740/mo, and annual cash flow is $8,652/yr on $49,725 invested. Return on cash invested sits at 37.31% in year one, and rental yield is 13.92% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 196.93% and total cumulative return in cash sums $97,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06370, Oakdale, CT area.
| 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 |
Residential
2,829
Single Family
2,789
Multi-Family
40
Businesses
103
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Price change | $150,000 |
| 2024-10-07 | Pending sale | $140,000 |
| 2024-09-07 | Listed for sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1493.00 | 3.97% | $53,760 | N/A |
| 2022-10-15 | $1436.00 | -6.45% | $53,760 | 11.21% |
| 2021-10-15 | $1535.00 | -1.41% | $48,340 | 0.56% |
What's Special
None
Listed by: Kris Mugovero • Signature Properties of NewEng
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24026404
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.
