97 Doolittle DriveBethanyCT06524
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 97 Doolittle Drive, Bethany, CT, 06524 in Bethany worth study. Rental yield 5.61%. The 5.61% gross yield is below cash-flow benchmarks at $448,900, but 5% annual appreciation, adding $124,023 over five years, frames this as a capital growth position. Rent of $2,100/mo partially offsets the $2,019/mo payment. Ziffy Mortgage finances appreciation-play properties (1.04 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $110,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 4.5% |
| Monthly Cash Flow | $(950) | $300 |
City averages based on Bethany market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $2,871 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06524, Bethany, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,833 (90.2%) |
| Renter Occupied HU | 117 ( 5.8%) |
| Vacant Housing Units | 82 ( 4.0%) |
| Median Home Value | $492,355 |
| Average Home Value | $537,998 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,048
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1955
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06524, Bethany, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,833 (90.2%) |
| Renter Occupied HU | 117 ( 5.8%) |
| Vacant Housing Units | 82 ( 4.0%) |
| Median Home Value | $492,355 |
| Average Home Value | $537,998 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,048
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Martin • LAER Realty Partners
Mls Name: Smart MLS
Mls ID: #24109771