40 OakridgeUnionvilleCT06085
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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
Rental property for sale in Unionville at 40 Oakridge, Unionville, CT, 06085 priced at $705,000 converts $4,628/mo rent into after a $3,451/mo obligation. Total monthly income equals $4,628/mo. Return on cash invested prints 19.22% in year one, and rental yield reads 7.88% against a $705,000 entry. Equity gained on principal adds $4,549/yr, while 5% annual appreciation compiles into $194,779 by year five. Five-year ROI reaches 99.92% and total cumulative return in cash sums $231,757. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,628/mo property income covering a $3,451/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06085, Unionville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,351 (77.5%) |
| Renter Occupied HU | 554 (18.3%) |
| Vacant Housing Units | 129 ( 4.3%) |
| Median Home Value | $448,757 |
| Average Home Value | $480,271 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
2,795
Multi-Family
234
Businesses
224
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Listed by: Colleen S. Nicastro • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100238
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.