2 Highland RoadOxfordCT06478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oxford at 2 Highland Road, Oxford, CT, 06478 uses $194,077 cash to close to unlock $9,074/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $4,764/mo, and a $2,887/mo payment keeps the spread at $756/mo. Purchase price stands at $589,900, and rental yield measures 9.69% with $4,764/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 129.51% and total cumulative return in cash records $251,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,764/mo property income covering a $2,887/mo payment rather than investor’s personal income.
Single Family
Built in 1984
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06478, Oxford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,415 (100%) |
| Owner Occupied HU | 4,665 (86.1%) |
| Renter Occupied HU | 516 ( 9.5%) |
| Vacant Housing Units | 234 ( 4.3%) |
| Median Home Value | $500,841 |
| Average Home Value | $521,656 |
Housing Distribution
Address Breakdown
Residential
5,253
Single Family
4,823
Multi-Family
430
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Stirk • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115727
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.