18 Starlet LaneWaterburyCT06704
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 18 Starlet Lane, Waterbury, CT, 06704 with 5% annual appreciation on a $344,900 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,688/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,000/yr on $114,334 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,290 alongside rental yield of 9.6%. Five-year ROI measures 127.1% and total cumulative return in cash totals $145,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,688/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.26 Acres 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: Vasco Silva • Great Estates, CT
Mls Name: Smart MLS
Mls ID: #24115788