381 Bell StreetGlastonburyCT06033
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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 Glastonbury at 381 Bell Street, Glastonbury, CT, 06033 priced at $356,000 converts $2,391/mo rent into after a $1,742/mo obligation. Total monthly income equals $2,391/mo. Return on cash invested prints 19.63% in year one, and rental yield reads 8.06% against a $356,000 entry. Equity gained on principal adds $2,297/yr, while 5% annual appreciation compiles into $98,356 by year five. Five-year ROI reaches 102.15% and total cumulative return in cash sums $120,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,391/mo property income covering a $1,742/mo payment, not borrower’s personal income.
Single Family
Built in 1950
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Michelle C. Collins • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24115636