38 Kellogg StreetWaterburyCT06710
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
Investment Highlights
Investment property for sale in Waterbury at 38 Kellogg Street, Waterbury, CT, 06710 uses $92,489 cash to close to unlock $575/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,944/mo, and a $1,366/mo payment keeps the spread at $48/mo. Purchase price stands at $279,000, and rental yield measures 8.36% with $1,944/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 106.96% and total cumulative return in cash records $98,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1914
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Zoef • Vanguard Private Client Grp
Mls Name: Smart MLS
Mls ID: #24145842