324 Congress Avenue, Waterbury, CT, 06708 | $195/mo Cash Flow

For Sale

Fix & Flip

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waterbury at 324 Congress Avenue, Waterbury, CT, 06708 generates $2,810/mo in rent and, after a $1,884/mo payment, leaves $195/mo in cash flow. Total monthly income is $2,810/mo, and annual cash flow is $2,334/yr on $127,628 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 8.76% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 113.45% and total cumulative return in cash sums $144,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,810/mo property income rather than buyer’s personal income.

Multi Family

Built in 1900

6,098 sqft lot

$N/A/sqft

No HOA