306 Spruce Hill DrOxfordCT06478
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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 Oxford at 306 Spruce Hill Dr, Oxford, CT, 06478 at $549,900 posts ROI 16.59% with from $3,668/mo rent. Total monthly income equals $3,668/mo. Return on cash invested measures 16.59% and rental yield reads 8% at the current $549,900. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 by year five. Five-year ROI prints 86.93% and total cumulative return in cash totals $157,274. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,668/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
N/A lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06478, Oxford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,415 (100%) |
| Owner Occupied HU | 4,665 (86.1%) |
| Renter Occupied HU | 516 ( 9.5%) |
| Vacant Housing Units | 234 ( 4.3%) |
| Median Home Value | $500,841 |
| Average Home Value | $521,656 |
Housing Distribution
Address Breakdown
Residential
5,253
Single Family
4,823
Multi-Family
430
Businesses
408
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Listed by: Rosalie Averill • Rupwani Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092226
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.