114 Wheeler Farm RoadWatertownCT06795
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 114 Wheeler Farm Road, Watertown, CT, 06795 in Watertown. Rental yield 4.12%. At $1,100,000 with 4.12% gross yield, current distributions are modest, but the 5% appreciation rate projects $303,910 in new equity by year five, complemented by $10,131/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.76) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $182,099.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.0% |
| Monthly Cash Flow | $(3,697) | $1,500 |
City averages based on Watertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,777 |
| Total Monthly Debt Service | $7,036 |
| DSCR Ratio | 0.54x |
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 2005
1.45 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
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 2005
1.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arben Belica • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24135269