21 Whittlesey AvenueWaterburyCT06706
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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 21 Whittlesey Avenue, Waterbury, CT, 06706 offers $2,413/mo rent that, after a $1,662/mo payment, leaves $106/mo cash flow. Total monthly income is $2,413/mo, and annual cash flow is $1,271/yr on $112,544 cash. Return on cash invested measures 21.04% in year one, and rental yield stands at 8.53% at a $339,500 entry. Equity gained on principal adds $2,191/yr while 5% annual appreciation compounds into $93,798 by year five. Five-year ROI records 109.68% and total cumulative return in cash reaches $123,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,413/mo property income versus a $1,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06706, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,103 (100%) |
| Owner Occupied HU | 2,588 (42.4%) |
| Renter Occupied HU | 3,030 (49.6%) |
| Vacant Housing Units | 485 ( 7.9%) |
| Median Home Value | $161,751 |
| Average Home Value | $254,256 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,035
Multi-Family
607
Businesses
398
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Listed by: Carol York • For Sale By Owner Connecticut
Mls Name: Smart MLS
Mls ID: #24109615