23 Oak Grove RdBrookfieldCT06804
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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 Brookfield at 23 Oak Grove Rd, Brookfield, CT, 06804 uses $167,757 cash to close to unlock $19,094/yr annual cash flow and $1,591/mo monthly cash flow. Total monthly income runs $5,056/mo, and a $2,496/mo payment keeps the spread at $1,591/mo. Purchase price stands at $509,900, and rental yield measures 11.9% with $5,056/mo rent. Return on cash invested shows 31.44% in year one, and 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 165.48% and total cumulative return in cash records $277,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,056/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06804, Brookfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 5,756 (78.5%) |
| Renter Occupied HU | 1,208 (16.5%) |
| Vacant Housing Units | 366 ( 5.0%) |
| Median Home Value | $536,475 |
| Average Home Value | $612,414 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,531
Multi-Family
782
Businesses
927
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Listed by: Shane Burlinson • RE/Max Experience, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089461
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.