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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cheshire at 498 Oak Ave APT 26, Cheshire, CT, 06410 uses $66,267 cash to close to unlock $1,610/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,987/mo, and a $978/mo payment keeps the spread at $134/mo. Purchase price stands at $199,900, and rental yield measures 11.93% with $1,987/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash records $79,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$495 monthly HOA
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
| 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 |
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $199,900 |
| 2021-10-22 | Listing removed | N/A |
| 2021-10-21 | Listed for sale | $128,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2726.00 | 26.61% | $99,260 | 61.74% |
| 2023-04-18 | $2153.00 | 2.23% | $61,370 | N/A |
| 2022-04-18 | $2106.00 | 1.79% | $61,370 | N/A |
What's Special
None
Listed by: Carly Kirsch • Lamacchia Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24068015
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.
