179 Rhode Island AveWaterburyCT06704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 179 Rhode Island Ave, Waterbury, CT, 06704 earns from $1,876/mo rent with a $1,601/mo payment. Total monthly income totals $1,876/mo. ROI tracks 15.76% on current figures, and rental yield reads 6.88% at a $327,000 purchase. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 over five years. Five-year ROI reaches 81.55% and total cumulative return in cash sums $88,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,876/mo property income instead of your personal income.
Multi Family
Built in 1917
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A