995 Old Colchester 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
Investment property for sale in Oakdale at 995 Old Colchester Road, Oakdale, CT, 06370 listed at $429,900 pairs $2,926/mo rent with a $2,104/mo payment to leave $5/mo cash flow. Total monthly income runs $2,926/mo, and annual cash flow reaches $62/yr on $142,512 cash to close. Return on cash invested measures 19.95% in year one, and rental yield registers 8.17% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 103.89% and total cumulative return in cash totals $148,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,926/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
4.04 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: Jennifer M. Sobiech • RE/MAX Legends
Mls Name: Smart MLS
Mls ID: #24144275