124 Geddes Terrace, Waterbury, CT, 06708 | 6.7% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waterbury at 124 Geddes Terrace, Waterbury, CT, 06708 offers $2,374/mo rent that, after a $2,080/mo payment. Total monthly income is $2,374/mo. Return on cash invested measures 15.54% in year one, and rental yield stands at 6.7% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 80.19% and total cumulative return in cash reaches $112,973. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,374/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1898

0.25 Acres lot

$N/A/sqft

No HOA