32 Clough RoadWaterburyCT06708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 32 Clough Road, Waterbury, CT, 06708 in Waterbury: $2,896/mo in rent, $925/mo net, 11.98% gross yield, all on a $290,000 acquisition. The 2.22 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $80,122 in value, and $2,671/yr in principal paydown steadily builds equity. Projected total cumulative return: $170,276.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.1% |
| Monthly Cash Flow | $925 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,896 |
| Total Monthly Debt Service | $1,855 |
| DSCR Ratio | 1.56x |
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.
Single Family
Built in 1940
0.26 Acres 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
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adriana Castagnet • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24128613