1635 S Main StWaterburyCT06706
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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 1635 S Main St, Waterbury, CT, 06706 generates $1,549/mo in rent and, after a $978/mo payment, leaves $63/mo in cash flow. Total monthly income is $1,549/mo, and annual cash flow is $755/yr on $66,267 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 9.3% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 110.57% and total cumulative return in cash sums $73,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,549/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
8,276 sqft 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
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Listed by: Vasco Silva • Great Estates, CT
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085606
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.