170 Purdy RoadWaterburyCT06706
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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 170 Purdy Road, Waterbury, CT, 06706 offers a 8.7% rental yield on a $359,900 purchase with $2,609/mo rent. Total monthly income registers $2,609/mo, and a $1,762/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,958/yr on $119,307 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 112.47% and total cumulative return in cash at $134,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,609/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,583 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: David E. Fiske • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls ID: #24113128