398 & 402 Boston Post RoadWaterfordCT06385
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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 Waterford at 398 & 402 Boston Post Road, Waterford, CT, 06385 uses $124,313 cash to close to unlock $19,830/yr annual cash flow and $1,653/mo monthly cash flow. Total monthly income runs $4,200/mo, and a $1,835/mo payment keeps the spread at $1,653/mo. Purchase price stands at $375,000, and rental yield measures 13.44% with $4,200/mo rent. Return on cash invested shows 35.86% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 189.19% and total cumulative return in cash records $235,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 1957
0.56 Acres lot
$N/A/sqft
No HOA
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Listed by: Bud Bowes • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107216
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.