34 Beacon RoadBethanyCT06524
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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 34 Beacon Road, Bethany, CT, 06524 priced at $285,000 converts $1,997/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,997/mo. Return on cash invested prints 18.7% in year one, and rental yield reads 8.41% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 97.87% and total cumulative return in cash sums $92,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,997/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1750
4.20 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: Jonathan D. Gineo • Silver and Oak Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120519
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.