28 Reservoir StreetBethelCT06801
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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 Bethel at 28 Reservoir Street, Bethel, CT, 06801 priced at $519,900 converts $3,565/mo rent into $32/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,565/mo, and annual cash flow totals $386/yr on $171,047 invested. Return on cash invested prints 20.29% in year one, and rental yield reads 8.23% against a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,639 by year five. Five-year ROI reaches 105.66% and total cumulative return in cash sums $180,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,565/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 1928
0.60 Acres 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
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Listed by: Victor L. Santana • Santana Realty Group LLC
Mls Name: Smart MLS
Mls ID: #24150875