73 Old Colchester Road ExtOakdaleCT06370
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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 73 Old Colchester Road Ext, Oakdale, CT, 06370 priced at $114,170 converts $2,662/mo rent into $1,791/mo cash flow after a $559/mo obligation. Total monthly income equals $2,662/mo, and annual cash flow totals $21,495/yr on $37,847 invested. Return on cash invested prints 76.7% in year one, and rental yield reads 27.98% against a $114,170 entry. Equity gained on principal adds $737/yr, while 5% annual appreciation compiles into $31,543 by year five. Five-year ROI reaches 409.39% and total cumulative return in cash sums $154,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,662/mo property income covering a $559/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.39 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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