108 South Bedlam RoadChaplinCT06235
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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 Chaplin at 108 South Bedlam Road, Chaplin, CT, 06235 priced at $360,000 converts $3,029/mo rent into $583/mo cash flow after a $1,762/mo obligation. Total monthly income equals $3,029/mo, and annual cash flow totals $6,996/yr on $119,340 invested. Return on cash invested prints 25.77% in year one, and rental yield reads 10.1% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 135.06% and total cumulative return in cash sums $161,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,029/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1951
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06235, Chaplin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 909 (100%) |
| Owner Occupied HU | 718 (79.0%) |
| Renter Occupied HU | 140 (15.4%) |
| Vacant Housing Units | 51 ( 5.6%) |
| Median Home Value | $349,524 |
| Average Home Value | $380,167 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
50
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Listed by: Lindsey Niarhakos • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093690
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.