370 Waterville StreetWaterburyCT06710
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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 Waterbury at 370 Waterville Street, Waterbury, CT, 06710 with 5% annual appreciation on a $170,000 basis while $2,380/mo rent supports operations. Total monthly income totals $2,380/mo and a $832/mo payment preserves $1,225/mo for cash returns. Annual cash flow comes to $14,700/yr on $56,355 deployed, and return on cash invested reaches 45.99% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 16.8%. Five-year ROI measures 243.51% and total cumulative return in cash totals $137,229.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,380/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06710, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 1,122 (26.1%) |
| Renter Occupied HU | 2,572 (59.9%) |
| Vacant Housing Units | 601 (14.0%) |
| Median Home Value | $266,864 |
| Average Home Value | $333,697 |
Housing Distribution
Address Breakdown
Residential
4,044
Single Family
3,217
Multi-Family
827
Businesses
120
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Listed by: Lynn LaForme • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109981
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.