20 Cowles RoadBethlehemCT06751
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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
Rental property for sale in Bethlehem at 20 Cowles Road, Bethlehem, CT, 06751 priced at $875,000 converts $6,600/mo rent into $655/mo cash flow after a $4,283/mo obligation. Total monthly income equals $6,600/mo, and annual cash flow totals $7,854/yr on $287,875 invested. Return on cash invested prints 22.79% in year one, and rental yield reads 9.05% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 119.06% and total cumulative return in cash sums $342,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,600/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.73 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
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Listed by: Joyce Drakeley • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls ID: #24134747