152 Lakeside DriveLebanonCT06249
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 152 Lakeside Drive, Lebanon, CT, 06249 in Lebanon is capital appreciation. Rental yield 4.59%. The 4.59% gross yield at $990,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $273,519 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.85) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $188,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(2,977) | $300 |
City averages based on Lebanon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,787 |
| Total Monthly Debt Service | $6,333 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
0.44 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,892
Single Family
2,868
Multi-Family
24
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2011
0.44 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,892
Single Family
2,868
Multi-Family
24
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24162149