486 Oak Ave APT 50CheshireCT06410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cheshire at 486 Oak Ave APT 50, Cheshire, CT, 06410 earns $213/mo cash flow from $2,032/mo rent with a $954/mo payment. Total monthly income totals $2,032/mo, and annual cash flow totals $2,550/yr on $64,643 capital. ROI tracks 23.85% on current figures, and rental yield reads 12.5% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash sums $82,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,032/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn C. Siedlarz-Aponte • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087779
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.