37 William StreetWaterburyCT06702
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 37 William Street, Waterbury, CT, 06702 in Waterbury worth study. Rental yield 5.43%. The 5.43% gross yield is below cash-flow benchmarks at $450,000, but 5% annual appreciation, adding $124,327 over five years, frames this as a capital growth position. Rent of $2,036/mo partially offsets the $2,023/mo payment. Ziffy Mortgage finances appreciation-play properties (1.01 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $106,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 7.1% |
| Monthly Cash Flow | $(1,021) | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,036 |
| Total Monthly Debt Service | $2,878 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1889
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06702, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 102 ( 4.4%) |
| Renter Occupied HU | 2,015 (86.6%) |
| Vacant Housing Units | 209 ( 9.0%) |
| Median Home Value | $240,000 |
| Average Home Value | $307,696 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
585
Multi-Family
1,331
Businesses
607
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
Multi Family
Built in 1889
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06702, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 102 ( 4.4%) |
| Renter Occupied HU | 2,015 (86.6%) |
| Vacant Housing Units | 209 ( 9.0%) |
| Median Home Value | $240,000 |
| Average Home Value | $307,696 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
585
Multi-Family
1,331
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mustafa Muaremi • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103871
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.