119 Fairwood RoadBethanyCT06524
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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 Bethany at 119 Fairwood Road, Bethany, CT, 06524 listed at $479,000 pairs $4,289/mo rent with a $2,344/mo payment to leave $1,035/mo cash flow. Total monthly income runs $4,289/mo, and annual cash flow reaches $12,419/yr on $158,789 cash to close. Return on cash invested measures 27.73% in year one, and rental yield registers 10.74% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 145.56% and total cumulative return in cash totals $231,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,289/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06524, Bethany, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,833 (90.2%) |
| Renter Occupied HU | 117 ( 5.8%) |
| Vacant Housing Units | 82 ( 4.0%) |
| Median Home Value | $492,355 |
| Average Home Value | $537,998 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,048
Multi-Family
0
Businesses
117
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Listed by: Yi Gong • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24119032
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.