1255 Waterbury RdThomastonCT06787
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 Thomaston at 1255 Waterbury Rd, Thomaston, CT, 06787 generates $5,494/mo in rent and, after a $3,294/mo payment, leaves $921/mo in cash flow. Total monthly income is $5,494/mo, and annual cash flow is $11,056/yr on $221,417 invested. Return on cash invested sits at 25.05% in year one, and rental yield is 9.8% on a $673,000 entry. Equity gained on principal adds $4,343/yr, while 5% annual appreciation builds toward $185,937 over five years. Five-year ROI reaches 131.2% and total cumulative return in cash sums $290,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06787, Thomaston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 2,467 (72.1%) |
| Renter Occupied HU | 767 (22.4%) |
| Vacant Housing Units | 189 ( 5.5%) |
| Median Home Value | $294,097 |
| Average Home Value | $359,392 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,192
Multi-Family
82
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices New England Properties
Mls Provider:
Mls ID: #24104450