21 Pam RdLebanonCT06249
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 21 Pam Rd, Lebanon, CT, 06249 in Lebanon: $2,210/mo in rent, $575/mo net, 11.29% gross yield, all on a $234,900 acquisition. The 2.09 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $64,899 in value, and $2,163/yr in principal paydown steadily builds equity. Projected total cumulative return: $126,875.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.0% |
| Monthly Cash Flow | $575 | $300 |
City averages based on Lebanon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,210 |
| Total Monthly Debt Service | $1,542 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
$475 annually 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
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
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
$475 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carl J. Guild • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080603
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.