7 Coventry LaneOxfordCT06478
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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
Investment property for sale in Oxford at 7 Coventry Lane, Oxford, CT, 06478 uses $230,300 cash to close to unlock $11,760/yr annual cash flow and $980/mo monthly cash flow. Total monthly income runs $5,736/mo, and a $3,426/mo payment keeps the spread at $980/mo. Purchase price stands at $700,000, and rental yield measures 9.83% with $5,736/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 131.8% and total cumulative return in cash records $303,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,736/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 2002
2 Acres lot
$N/A/sqft
No 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: Christine Shaw • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092229
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.