268 Congress Avenue APT 18WaterburyCT06708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 268 Congress Avenue APT 18, Waterbury, CT, 06708 in Waterbury is straightforward: $189,900 in, $1,800/mo in rent, $310/mo out after debt service. The 11.37% gross yield and 2.11 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $52,466 by year five. With $1,749/yr in principal equity, the total cumulative return is projected at $105,354.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.1% |
| Monthly Cash Flow | $310 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,215 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24159103