15 Kay Lane APT HWaterburyCT06708
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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
Rental property for sale in Waterbury at 15 Kay Lane APT H, Waterbury, CT, 06708 generates $2,099/mo in rent and, after a $759/mo payment, leaves $745/mo in cash flow. Total monthly income is $2,099/mo, and annual cash flow is $8,938/yr on $51,383 invested. Return on cash invested sits at 37.3% in year one, and rental yield is 16.25% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 199.48% and total cumulative return in cash sums $102,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,099/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$265 monthly HOA
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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.