188 Falls RdBethanyCT06524
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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 Bethany at 188 Falls Rd, Bethany, CT, 06524 with 5% annual appreciation on a $745,000 basis while $2,100/mo rent supports operations. 56% in year one. Equity gained on principal adds $4,807/yr, and five-year appreciation sums $205,830 alongside rental yield of 3.38%. Five-year ROI measures 26.68% and total cumulative return in cash totals $65,384. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $3,646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
6.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06524, Bethany, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,833 (90.2%) |
| Renter Occupied HU | 117 ( 5.8%) |
| Vacant Housing Units | 82 ( 4.0%) |
| Median Home Value | $492,355 |
| Average Home Value | $537,998 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,048
Multi-Family
0
Businesses
117
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Listed by: JILL TAYLOR HOMES TEAM • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079462
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