63 Velgouse RoadOakdaleCT06370
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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 Oakdale at 63 Velgouse Road, Oakdale, CT, 06370 generates $2,072/mo in rent, after a $9,300/mo payment. Total monthly income is $2,072/mo. Return on cash invested sits at -0.76% in year one, and rental yield is 1.31% on a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation builds toward $524,935 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,072/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
240.15 Acres lot
$N/A/sqft
No 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: Miale Team at Keller Williams Legacy Partners • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099450
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.