18 Rhode Island DriveOakdaleCT06370
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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 Oakdale at 18 Rhode Island Drive, Oakdale, CT, 06370 earns $31/mo cash flow from $2,409/mo rent with a $1,713/mo payment. Total monthly income totals $2,409/mo, and annual cash flow totals $372/yr on $116,025 capital. ROI tracks 20.23% on current figures, and rental yield reads 8.26% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash sums $122,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,409/mo property income instead of your personal income.
Single Family
Built in 1963
0.36 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: Tina Luft • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104720
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.