319 Thomaston Road #78WatertownCT06795
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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
Total monthly income runs $1,920/mo, and a $1,688/mo payment. Purchase price stands at $344,900, and rental yield measures 6.68% with $1,920/mo rent. Return on cash invested shows 15.47% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 79.82% and total cumulative return in cash records $91,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06795, Watertown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,618 (81.8%) |
| Renter Occupied HU | 803 (14.2%) |
| Vacant Housing Units | 222 ( 3.9%) |
| Median Home Value | $350,723 |
| Average Home Value | $417,072 |
Housing Distribution
Address Breakdown
Residential
5,526
Single Family
5,267
Multi-Family
259
Businesses
717
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Listed by: Donna R. Myjak SRES • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24116339