192 Sylvan Lake RoadWatertownCT06779
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 Watertown at 192 Sylvan Lake Road, Watertown, CT, 06779 at $390,000 posts ROI 29.28% with $1,010/mo cash flow from $3,660/mo rent. Total monthly income equals $3,660/mo, and annual cash flow records $12,120/yr on $129,285 to close. Return on cash invested measures 29.28% and rental yield reads 11.26% at the current $390,000. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 by year five. Five-year ROI prints 153.9% and total cumulative return in cash totals $198,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,660/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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Nearby investment properties with comparable prices
Listed by: Amanda Nemense • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103579
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.