23 Capewell AvenueWatertownCT06779
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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
Investment property for sale in Watertown at 23 Capewell Avenue, Watertown, CT, 06779 with 5% annual appreciation on a $314,000 basis while $2,819/mo rent supports operations. Total monthly income totals $2,819/mo and a $1,537/mo payment preserves $685/mo for cash returns. Annual cash flow comes to $8,225/yr on $104,091 deployed, and return on cash invested reaches 27.81% in year one. Equity gained on principal adds $2,026/yr, and five-year appreciation sums $86,752 alongside rental yield of 10.77%. Five-year ROI measures 146.03% and total cumulative return in cash totals $152,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,819/mo property income versus a $1,537/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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Listed by: Lynn LaForme • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099190
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.