248 North Walnut StreetWaterburyCT06704
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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 Waterbury at 248 North Walnut Street, Waterbury, CT, 06704 earns from $1,811/mo rent with a $1,346/mo payment. Total monthly income totals $1,811/mo. ROI tracks 19.15% on current figures, and rental yield reads 7.9% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 99.59% and total cumulative return in cash sums $90,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,811/mo property income instead of your personal income.
Multi Family
Built in 1919
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
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Listed by: Neilinda Martins • Ethos Rlty, LLC
Mls Name: Smart MLS
Mls ID: #24148375