198 Charles StWaterburyCT06708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow198 Charles St, Waterbury, CT, 06708 in Waterbury is a solid income-producing rental, 10.64% gross yield, $2,489/mo rent, $321/mo net cash flow on a $230,000 buy. DSCR 2.41 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $63,545 and $2,118/yr in principal reduction project a total cumulative return of $138,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.1% |
| Monthly Cash Flow | $321 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,489 |
| Total Monthly Debt Service | $1,627 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angel Torres • Century 21 Scala Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090016
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