111 Bascom Road, Lebanon, CT, 06249 | $821/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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111 Bascom Road, Lebanon, CT, 06249 | $821/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lebanon at 111 Bascom Road, Lebanon, CT, 06249 generates $4,823/mo in rent and, after a $2,883/mo payment, leaves $821/mo in cash flow. Total monthly income is $4,823/mo, and annual cash flow is $9,851/yr on $193,781 invested. Return on cash invested sits at 25.14% in year one, and rental yield is 9.83% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 131.68% and total cumulative return in cash sums $255,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,823/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

2.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the space and comfort you've been searching for in this inviting 3,751 sq. ft. Contemporary Colonial. Warm and welcoming, it offers 4 bedrooms and 3.5 baths; the town card lists 3 bedrooms, but the spacious bonus room above the family room/garage makes an ideal 4th bedroom or studio. At the heart of the home is an exceptionally large kitchen, perfect for gathering and everyday living. The primary suite feels like a retreat with its hot tub, bidet, shower stall, and toilet. A half bath with urinal and toilet, along with two additional full baths, ensures convenience for family and guests. Thoughtfully designed, the home includes full ducting for a central vacuum system and two staircases for easy flow. Multiple heating options allow year-round comfort, including oil heat with two large tanks, a wood-burning fireplace in the living room, a pellet stove in the kitchen, and a gas fireplace/stove in the family room. The expansive basement offers excellent potential for a workshop or future finished space, while the large walk-up attic provides even more room to grow. Outside, a 40-year transferable Rhino Shield Paint System guarantees long-lasting protection. Recent upgrades include a new roof and 2-zone central air (2025), plus a new well pump, tank, and 50-gallon hot water heater (2024). Set in a peaceful country location yet just 25 minutes to Hartford, 30 to New London, and 50 to Providence, this home beautifully blends space, comfort, and convenience

Neighborhood Data

Neighborhood data shown for ZIP Code: 06249, Lebanon, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,154 (100%)
Owner Occupied HU	2,459 (78.0%)
Renter Occupied HU	315 ( 10.0%)
Vacant Housing Units	380 (12.0%)
Median Home Value	$388,239
Average Home Value	$455,650