62 Walnut Hill RoadBethelCT06801
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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 Bethel at 62 Walnut Hill Road, Bethel, CT, 06801 offers $4,186/mo rent that, after a $3,544/mo payment. Total monthly income is $4,186/mo. Return on cash invested measures 16.36% in year one, and rental yield stands at 6.94% at a $724,000 entry. Equity gained on principal adds $4,672/yr while 5% annual appreciation compounds into $200,028 by year five. Five-year ROI records 84.61% and total cumulative return in cash reaches $201,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,186/mo property income versus a $3,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1.57 Acres 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: Pat Catchpole • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24126819