27 Cherry LnBethelCT06801
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 27 Cherry Ln, Bethel, CT, 06801 offers a 9.01% rental yield on a $489,000 purchase with $3,670/mo rent. Total monthly income registers $3,670/mo, and a $2,393/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,175/yr on $162,104 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 117.43% and total cumulative return in cash at $190,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,670/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,147 sqft 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: Peter Testa • Kiwi Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084426
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.