168 Lincolndale DriveWaterburyCT06704
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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
Investment property for sale in Waterbury at 168 Lincolndale Drive, Waterbury, CT, 06704 offers a 9.95% rental yield on a $319,900 purchase with $2,652/mo rent. Total monthly income registers $2,652/mo, and a $1,566/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,738/yr on $106,047 to close, and return on cash invested stands at 25.32% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 132.68% and total cumulative return in cash at $140,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,652/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
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Listed by: Anthony La Penna • Complete Real Estate
Mls Name: Smart MLS
Mls ID: #24135504