16 Highland Avenue, Waterbury, CT, 06708 | $742/mo Cash Flow

For Sale

Rental Income

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waterbury at 16 Highland Avenue, Waterbury, CT, 06708 priced at $350,000 converts $3,120/mo rent into $742/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,120/mo, and annual cash flow totals $8,904/yr on $116,025 invested. Return on cash invested prints 27.58% in year one, and rental yield reads 10.7% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 144.77% and total cumulative return in cash sums $167,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Multi Family

Built in 1918

6,534 sqft lot

$N/A/sqft

No HOA