193 Waterville StreetWaterburyCT06710
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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
Rental property for sale in Waterbury at 193 Waterville Street, Waterbury, CT, 06710 offers $2,384/mo rent that, after a $1,297/mo payment, leaves $584/mo cash flow. Total monthly income is $2,384/mo, and annual cash flow is $7,004/yr on $87,814 cash. Return on cash invested measures 27.89% in year one, and rental yield stands at 10.8% at a $264,900 entry. Equity gained on principal adds $1,709/yr while 5% annual appreciation compounds into $73,187 by year five. Five-year ROI records 146.42% and total cumulative return in cash reaches $128,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,384/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06710, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 1,122 (26.1%) |
| Renter Occupied HU | 2,572 (59.9%) |
| Vacant Housing Units | 601 (14.0%) |
| Median Home Value | $266,864 |
| Average Home Value | $333,697 |
Housing Distribution
Address Breakdown
Residential
4,044
Single Family
3,217
Multi-Family
827
Businesses
120
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Listed by: Rick Galarza • eXp Realty
Mls Name: Smart MLS
Mls ID: #24145751