34 Shelter Hill AvenueWatertownCT06779
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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 Watertown at 34 Shelter Hill Avenue, Watertown, CT, 06779 offers a 7.47% rental yield on a $289,000 purchase with $1,800/mo rent. 85% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 92.62% and total cumulative return in cash at $88,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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Listed by: Thomas Mele • Dorrance Realty
Mls Name: Smart MLS
Mls ID: #24151207