8 Main Street NorthBethlehemCT06751
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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 Bethlehem at 8 Main Street North, Bethlehem, CT, 06751 offers a 8.35% rental yield on a $299,900 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,468/mo payment leaves $49/mo available for distribution. Annual cash flow reaches $590/yr on $99,417 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 106.86% and total cumulative return in cash at $106,240. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06751, Bethlehem, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,631 (100%) |
| Owner Occupied HU | 1,211 (74.2%) |
| Renter Occupied HU | 212 (13.0%) |
| Vacant Housing Units | 208 (12.8%) |
| Median Home Value | $397,859 |
| Average Home Value | $522,298 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,337
Multi-Family
32
Businesses
104
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Listed by: Mary Ann Bennett • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls ID: #24134171