83 Oldefield Farms Road #83EnfieldCT06082
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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 Enfield at 83 Oldefield Farms Road #83, Enfield, CT, 06082 generates $2,164/mo in rent and, after a $1,321/mo payment, leaves $330/mo in cash flow. Total monthly income is $2,164/mo, and annual cash flow is $3,962/yr on $89,472 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 9.62% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $114,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,164/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Sudakshina Mitra • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24131338