37 Andrews StreetLebanonCT06249
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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 Lebanon at 37 Andrews Street, Lebanon, CT, 06249 with 5% annual appreciation on a $359,900 basis while $2,494/mo rent supports operations. Total monthly income totals $2,494/mo and a $1,762/mo payment preserves $48/mo for cash returns. Annual cash flow comes to $578/yr on $119,307 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 8.32%. Five-year ROI measures 106.27% and total cumulative return in cash totals $126,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,494/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06249, Lebanon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,154 (100%) |
| Owner Occupied HU | 2,459 (78.0%) |
| Renter Occupied HU | 315 ( 10.0%) |
| Vacant Housing Units | 380 (12.0%) |
| Median Home Value | $388,239 |
| Average Home Value | $455,650 |
Housing Distribution
Address Breakdown
Residential
2,892
Single Family
2,868
Multi-Family
24
Businesses
74
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Listed by: Kathy Dubay • I.M.A. Realty LLC
Mls Name: Smart MLS
Mls ID: #24126807