114 Bucks Hill Road #5WaterburyCT06704
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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 Waterbury at 114 Bucks Hill Road #5, Waterbury, CT, 06704 uses $37,128 cash to close to unlock $1,394/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $877/mo, and a $548/mo payment keeps the spread at $116/mo. Purchase price stands at $112,000, and rental yield measures 9.4% with $877/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 123.86% and total cumulative return in cash records $45,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $877/mo property income covering a $548/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
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Listed by: Jane Spino • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24144879