2 Latimer CtWaterfordCT06385
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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 Waterford at 2 Latimer Ct, Waterford, CT, 06385 generates $2,984/mo in rent, after a $2,814/mo payment. Total monthly income is $2,984/mo. Return on cash invested sits at 14.21% in year one, and rental yield is 6.23% on a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 73.04% and total cumulative return in cash sums $138,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.52 Acres lot
$N/A/sqft
No HOA
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Listed by: Brianne Decio • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097260
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