1315 Hamilton AvenueWaterburyCT06706
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1315 Hamilton Avenue, Waterbury, CT, 06706 in Waterbury worth study. Rental yield 5.98%. The 5.98% gross yield is below cash-flow benchmarks at $525,000, but 5% annual appreciation, adding $145,048 over five years, frames this as a capital growth position. Rent of $2,617/mo partially offsets the $2,361/mo payment. Ziffy Mortgage finances appreciation-play properties (1.11 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $128,104.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 7.1% |
| Monthly Cash Flow | $(1,137) | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,617 |
| Total Monthly Debt Service | $3,545 |
| DSCR Ratio | 0.74x |
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.
Multi Family
Built in 1969
0.39 Acres 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
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
Multi Family
Built in 1969
0.39 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alberim Klenja • RE/MAX Precision Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096280
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.