111 Taft Point #5WaterburyCT06708
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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 Waterbury at 111 Taft Point #5, Waterbury, CT, 06708 generates $2,166/mo in rent and, after a $1,223/mo payment, leaves $94/mo in cash flow. Total monthly income is $2,166/mo, and annual cash flow is $1,129/yr on $82,842 invested. Return on cash invested sits at 21.27% in year one, and rental yield is 10.4% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 112.96% and total cumulative return in cash sums $93,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,166/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$275 monthly HOA
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Listed by: THE GULINO TEAM OF WILLIAM RAVEIS REAL ESTATE • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082026
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