296A Oxoboxo Dam RoadMontvilleCT06370
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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 Montville at 296A Oxoboxo Dam Road, Montville, CT, 06370 at $134,000 posts ROI 47.56% with $1,023/mo cash flow from $2,394/mo rent. Total monthly income equals $2,394/mo, and annual cash flow records $12,281/yr on $44,421 to close. Return on cash invested measures 47.56% and rental yield reads 21.44% at the current $134,000. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 by year five. Five-year ROI prints 256.47% and total cumulative return in cash totals $113,927.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2008
N/A lot
$N/A/sqft
$460 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06370, Oakdale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 2,278 (80.0%) |
| Renter Occupied HU | 404 (14.2%) |
| Vacant Housing Units | 164 ( 5.8%) |
| Median Home Value | $338,778 |
| Average Home Value | $348,222 |
Housing Distribution
Address Breakdown
Residential
2,829
Single Family
2,789
Multi-Family
40
Businesses
103
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Listed by: Samantha L. Storey • RE/MAX Coast and Country
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092777
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.