1110 Bassett RoadWatertownCT06795
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
Investment Highlights
Rental property for sale in Watertown at 1110 Bassett Road, Watertown, CT, 06795 generates $5,422/mo in rent and, after a $3,279/mo payment, leaves $870/mo in cash flow. Total monthly income is $5,422/mo, and annual cash flow is $10,442/yr on $220,397 invested. Return on cash invested sits at 24.8% in year one, and rental yield is 9.71% on a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 129.84% and total cumulative return in cash sums $286,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,422/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06795, Watertown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,618 (81.8%) |
| Renter Occupied HU | 803 (14.2%) |
| Vacant Housing Units | 222 ( 3.9%) |
| Median Home Value | $350,723 |
| Average Home Value | $417,072 |
Housing Distribution
Address Breakdown
Residential
5,526
Single Family
5,267
Multi-Family
259
Businesses
717
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Listed by: Mike Zelman • LPT Realty - IConn Team
Mls Name: Smart MLS
Mls ID: #24123839