244 Oakland Street APT E, Manchester, CT, 06042 | $985/mo Cash Flow

For Sale

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 244 Oakland Street APT E, Manchester, CT, 06042 earns $985/mo cash flow from $3,074/mo rent with a $1,505/mo payment. Total monthly income totals $3,074/mo, and annual cash flow totals $11,817/yr on $101,936 capital. ROI tracks 31.5% on current figures, and rental yield reads 12% at a $307,500 purchase. Equity gained on principal adds $1,984/yr, and 5% annual appreciation supports $84,957 over five years. Five-year ROI reaches 165.8% and total cumulative return in cash sums $169,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,074/mo property income instead of your personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA