682 Championship Dr #682OxfordCT06478
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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 Oxford at 682 Championship Dr #682, Oxford, CT, 06478 generates $4,429/mo in rent and, after a $2,740/mo payment, leaves $105/mo in cash flow. Total monthly income is $4,429/mo, and annual cash flow is $1,262/yr on $184,207 invested. Return on cash invested sits at 20.75% in year one, and rental yield is 9.49% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 109.34% and total cumulative return in cash sums $201,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,429/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$520 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: Karen Berwick • Real Estate Two
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085277
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.