148 Bellridge RoadGlastonburyCT06033
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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 Glastonbury at 148 Bellridge Road, Glastonbury, CT, 06033 earns $888/mo cash flow from $7,200/mo rent with a $4,547/mo payment. Total monthly income totals $7,200/mo, and annual cash flow totals $10,655/yr on $305,641 capital. ROI tracks 23.55% on current figures, and rental yield reads 9.3% at a $929,000 purchase. Equity gained on principal adds $5,995/yr, and 5% annual appreciation supports $256,666 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash sums $376,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,200/mo property income instead of your personal income.
Single Family
Built in 2015
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Ali White J. White • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098471
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.