244 Oakland Street APT H, Manchester, CT, 06042 | $916/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 H, Manchester, CT, 06042 earns $916/mo cash flow from $2,947/mo rent with a $1,463/mo payment. Total monthly income totals $2,947/mo, and annual cash flow totals $10,991/yr on $99,119 capital. ROI tracks 31% on current figures, and rental yield reads 11.83% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 163.09% and total cumulative return in cash sums $161,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,947/mo property income instead of your personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA