221 Lake Williams DriveLebanonCT06249
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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 Lebanon at 221 Lake Williams Drive, Lebanon, CT, 06249 priced at $168,000 converts $0/mo rent into after a $822/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -6.39% in year one, and rental yield reads 0% against a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation compiles into $46,415 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $822/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.32 Acres lot
$N/A/sqft
$215 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tammy Boles-Senkewitcz • Asset Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127220
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