293 Congress AveWaterburyCT06708
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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 293 Congress Ave, Waterbury, CT, 06708 offers a 4.21% rental yield on a $475,000 purchase with $1,667/mo rent. 72% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 38.38% and total cumulative return in cash at $60,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Santiago Jaraba Chacon • Whitestone Real Estate Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086003
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