17 Geddes Terrace #8WaterburyCT06708
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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 #8, Waterbury, CT, 06708 with 5% annual appreciation on a $220,000 basis while $2,436/mo rent supports operations. Total monthly income totals $2,436/mo and a $1,077/mo payment preserves $638/mo for cash returns. Annual cash flow comes to $7,656/yr on $72,930 deployed, and return on cash invested reaches 30.41% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 13.29%. Five-year ROI measures 161.73% and total cumulative return in cash totals $117,947.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,436/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2005
N/A lot
$N/A/sqft
$303 other HOA
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Listed by: Frances Conyers • Tiffany Russell Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24131574
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