908 Trumbull Highway, Lebanon, CT, 06249 | 8.02% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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908 Trumbull Highway, Lebanon, CT, 06249 | 8.02% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lebanon at 908 Trumbull Highway, Lebanon, CT, 06249 generates $1,937/mo in rent, after a $1,419/mo payment. Total monthly income is $1,937/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 8.02% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 101.49% and total cumulative return in cash sums $97,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,937/mo property income rather than buyer’s personal income.

Single Family

Built in 1755

3.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Location is Everything! Don't miss this rare opportunity to own a historic colonial farmhouse set on 3.55 scenic acres in highly sought-after Lebanon. This charming home is full of character and potential, featuring 3 bedrooms, 2 full bathrooms, and 2 fireplaces that add warmth and ambiance. Beautiful hardwood flooring flows throughout, and the separate dining room is perfect for entertaining. Enjoy the changing seasons from the 3-season sunroom or take in the peaceful surroundings from the home's private, set-back location. With a little updating, this home could quickly build instant equity. Just steps from the Lebanon Green and the popular Market on the Green, and only a short drive to shopping, groceries, and dining. Whether you're looking to restore a piece of history or create your forever home, this property offers the best of both worlds-location, land, and opportunity.

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