29 Oxbow LaneNorthfordCT06472
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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
Total monthly income runs $2,970/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 7.13% with $2,970/mo rent. Return on cash invested shows 16.82% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 87.08% and total cumulative return in cash records $144,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
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Listed by: Sarah Kolman • The Heritage Group, LLC
Mls Name: Smart MLS
Mls ID: #24138601