133 Franklin AvenueWatertownCT06779
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 Watertown at 133 Franklin Avenue, Watertown, CT, 06779 offers $2,640/mo rent that, after a $832/mo payment, leaves $1,485/mo cash flow. Total monthly income is $2,640/mo, and annual cash flow is $17,822/yr on $56,322 cash. Return on cash invested measures 51.55% in year one, and rental yield stands at 18.65% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 273.38% and total cumulative return in cash reaches $153,974. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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Nearby investment properties with comparable prices
Listed by: James Kane • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24119710