127 Lounsbury StreetWaterburyCT06706
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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 127 Lounsbury Street, Waterbury, CT, 06706 listed at $485,900 pairs $1,560/mo rent with a $2,378/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 6.94% in year one, and rental yield registers 3.85% at a $485,900 basis. Equity gained on principal adds $3,135/yr, and annual property appreciation at 5% supports $134,245 by year five. Five-year ROI tracks 34.07% and total cumulative return in cash totals $54,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $2,378/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1919
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06706, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,103 (100%) |
| Owner Occupied HU | 2,588 (42.4%) |
| Renter Occupied HU | 3,030 (49.6%) |
| Vacant Housing Units | 485 ( 7.9%) |
| Median Home Value | $161,751 |
| Average Home Value | $254,256 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,035
Multi-Family
607
Businesses
398
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Listed by: Stephanie Oliver • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls ID: #24139137