15 Kay Lane APT HWaterburyCT06708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow15 Kay Lane APT H, Waterbury, CT, 06708 in Waterbury earns its strong cash-flow label: 16.25% yield, $2,099/mo rent, $745/mo net income, DSCR 3.01. The $155,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $42,824 by year five. Combined with $1,428/yr in principal paydown, total projected return reaches $108,450.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 7.1% |
| Monthly Cash Flow | $745 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,099 |
| Total Monthly Debt Service | $1,292 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1973
N/A lot
$N/A/sqft
$265 monthly HOA
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
Condo
Built in 1973
N/A lot
$N/A/sqft
$265 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trevor Burke • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114813
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.