274 Pearl Lake RoadWaterburyCT06706
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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 274 Pearl Lake Road, Waterbury, CT, 06706 uses $119,307 cash to close to unlock $12,710/yr annual cash flow and $1,059/mo monthly cash flow. Total monthly income runs $3,505/mo, and a $1,762/mo payment keeps the spread at $1,059/mo. Purchase price stands at $359,900, and rental yield measures 11.69% with $3,505/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 160.8% and total cumulative return in cash records $191,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,505/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.25 Acres 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: Dennis Jimenez • Valuation Realty Group, LLC
Mls Name: Smart MLS
Mls ID: #24145863