17 Geddes Terrace #2WaterburyCT06708
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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 17 Geddes Terrace #2, Waterbury, CT, 06708 offers a 8.37% rental yield on a $210,000 purchase with $1,465/mo rent. 08% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 79.71% and total cumulative return in cash at $55,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,465/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$303 monthly HOA
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Listed by: Rashida Forrester • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106720
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