15 Cortland DrBethelCT06801
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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 Bethel at 15 Cortland Dr, Bethel, CT, 06801 with 5% annual appreciation on a $1,188,000 basis while $7,040/mo rent supports operations. 15% in year one. Equity gained on principal adds $7,666/yr, and five-year appreciation sums $328,223 alongside rental yield of 7.11%. Five-year ROI measures 88.77% and total cumulative return in cash totals $341,676. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,040/mo property income versus a $5,815/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06801, Bethel, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,178 (100%) |
| Owner Occupied HU | 5,881 (71.9%) |
| Renter Occupied HU | 1,947 (23.8%) |
| Vacant Housing Units | 350 ( 4.3%) |
| Median Home Value | $477,349 |
| Average Home Value | $525,818 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,193
Multi-Family
753
Businesses
792
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Listed by: Sandra Schmidt • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24045878
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