117 Hamden Avenue APT IWaterburyCT06704
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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 117 Hamden Avenue APT I, Waterbury, CT, 06704 offers a 9.59% rental yield on a $168,900 purchase with $1,350/mo rent. Total monthly income registers $1,350/mo, and a $827/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,425/yr on $55,990 to close, and return on cash invested stands at 24.24% in year one. Equity gained on principal adds $1,090/yr while 5% annual appreciation supports $46,664 over five years. Portfolio math shows five-year ROI at 126.94% and total cumulative return in cash at $71,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Steve Jones JR • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24149284