37 Whittlesey Drive #37BethelCT06801
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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
Investment property for sale in Bethel at 37 Whittlesey Drive #37, Bethel, CT, 06801 uses $91,129 cash to close to unlock $7,472/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $2,490/mo, and a $1,346/mo payment keeps the spread at $623/mo. Purchase price stands at $274,900, and rental yield measures 10.87% with $2,490/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 147.6% and total cumulative return in cash records $134,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A 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: David Scolpino • Nationwide Homes
Mls Name: Smart MLS
Mls ID: #24138167