195 Oakland Street APT A, Manchester, CT, 06042 | $602/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Manchester at 195 Oakland Street APT A, Manchester, CT, 06042 offers a 11.97% rental yield on a $189,000 purchase with $1,886/mo rent. Total monthly income registers $1,886/mo, and a $925/mo payment leaves $602/mo available for distribution. Annual cash flow reaches $7,223/yr on $62,654 to close, and return on cash invested stands at 31.44% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 165.44% and total cumulative return in cash at $103,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,886/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA