20 Avery LaneWaterfordCT06385
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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 20 Avery Lane, Waterford, CT, 06385 priced at $365,000 converts $2,657/mo rent into $178/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,657/mo, and annual cash flow totals $2,130/yr on $120,998 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.74% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 113.09% and total cumulative return in cash sums $136,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,657/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.86 Acres lot
$N/A/sqft
No HOA
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Listed by: Angela M. Bergstrom • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24119304
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