318 Congress Avenue, Waterbury, CT, 06708 | 6.62% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1400 sft

476 Broad Street, Bristol, CT, 06010

2 Bed
2 Bath
1370 sft

39 Horton Hill Road APT 5H, Naugatuck, CT, 06770

3 Bed
1 Bath
1092 sft

53 Sycamore Ln, Waterbury, CT, 06705

3 Bed
2 Bath
1092 sft

27 Coach Cir UNIT 4, Naugatuck, CT, 06770

Nearby investment properties with comparable prices

4 Bed
2 Bath
2090 sft

423 Monroe Street, New Britain, CT, 06052

2 Bed
1 Bath
978 sft

70 Diamond Match Road, Southbury, CT, 06488

3 Bed
2 Bath
1244 sft

24 North Coe Lane, Ansonia, CT, 06401

4 Bed
2 Bath
1470 sft

6 Perron Road, Plainville, CT, 06062

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Waterbury at 318 Congress Avenue, Waterbury, CT, 06708 priced at $469,900 converts $2,593/mo rent into after a $2,300/mo obligation. Total monthly income equals $2,593/mo. Return on cash invested prints 15.29% in year one, and rental yield reads 6.62% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 78.89% and total cumulative return in cash sums $122,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,593/mo property income covering a $2,300/mo payment, not borrower’s personal income.

Multi Family

Built in 1920

8,712 sqft lot

$N/A/sqft

No HOA