159 Main Street NorthBethlehemCT06751
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
Investment Highlights
Rental property for sale in Bethlehem at 159 Main Street North, Bethlehem, CT, 06751 generates $2,753/mo in rent and, after a $1,957/mo payment, leaves $36/mo in cash flow. Total monthly income is $2,753/mo, and annual cash flow is $434/yr on $132,567 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 8.26% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash sums $139,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,753/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06751, Bethlehem, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,631 (100%) |
| Owner Occupied HU | 1,211 (74.2%) |
| Renter Occupied HU | 212 (13.0%) |
| Vacant Housing Units | 208 (12.8%) |
| Median Home Value | $397,859 |
| Average Home Value | $522,298 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,337
Multi-Family
32
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Drakeley • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls ID: #24136278