18 Penny Lane #18BethelCT06801
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
Investment property for sale in Bethel at 18 Penny Lane #18, Bethel, CT, 06801 earns $576/mo cash flow from $5,428/mo rent with a $3,495/mo payment. Total monthly income totals $5,428/mo, and annual cash flow totals $6,917/yr on $234,906 capital. ROI tracks 23% on current figures, and rental yield reads 9.12% at a $714,000 purchase. Equity gained on principal adds $4,607/yr, and 5% annual appreciation supports $197,265 over five years. Five-year ROI reaches 120.22% and total cumulative return in cash sums $282,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,428/mo property income instead of your personal income.
Condo
Built in 2009
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Gifford • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24126659