298 Wooding Hill RdBethanyCT06524
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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 Bethany at 298 Wooding Hill Rd, Bethany, CT, 06524 priced at $249,900 pairs $2,100/mo rent with $402/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $4,826/yr on $82,842 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 10.08% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 134.93% and total cumulative return in cash reaches $111,782. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06524, Bethany, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,833 (90.2%) |
| Renter Occupied HU | 117 ( 5.8%) |
| Vacant Housing Units | 82 ( 4.0%) |
| Median Home Value | $492,355 |
| Average Home Value | $537,998 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,048
Multi-Family
0
Businesses
117
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Listed by: Heidee Garcia Pestana • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079941
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.