36 Bantam TerraceBantamCT06750
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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 Bantam at 36 Bantam Terrace, Bantam, CT, 06750 priced at $325,000 converts $2,945/mo rent into $737/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,945/mo, and annual cash flow totals $8,838/yr on $107,738 invested. Return on cash invested prints 28.11% in year one, and rental yield reads 10.87% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 147.64% and total cumulative return in cash sums $159,061. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,945/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06750, Bantam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 498 (61.8%) |
| Renter Occupied HU | 211 (26.2%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $378,761 |
| Average Home Value | $545,522 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
482
Multi-Family
93
Businesses
99
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Listed by: Michael Price • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24144386