161 Lake Williams DriveLebanonCT06249
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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
Investment property for sale in Lebanon at 161 Lake Williams Drive, Lebanon, CT, 06249 offers a 11.45% rental yield on a $289,900 purchase with $2,765/mo rent. Total monthly income registers $2,765/mo, and a $1,419/mo payment leaves $795/mo available for distribution. Annual cash flow reaches $9,542/yr on $96,102 to close, and return on cash invested stands at 29.84% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 156.93% and total cumulative return in cash at $150,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,765/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.58 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
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Listed by: Anthony La Penna • Complete Real Estate
Mls Name: Smart MLS
Mls ID: #24139732