41 Floyd StreetWaterburyCT06706
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
Rental property for sale in Waterbury at 41 Floyd Street, Waterbury, CT, 06706 offers $2,932/mo rent that, after a $1,468/mo payment, leaves $894/mo cash flow. Total monthly income is $2,932/mo, and annual cash flow is $10,728/yr on $99,450 cash. Return on cash invested measures 30.7% in year one, and rental yield stands at 11.73% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 161.48% and total cumulative return in cash reaches $160,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,932/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06706, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,103 (100%) |
| Owner Occupied HU | 2,588 (42.4%) |
| Renter Occupied HU | 3,030 (49.6%) |
| Vacant Housing Units | 485 ( 7.9%) |
| Median Home Value | $161,751 |
| Average Home Value | $254,256 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,035
Multi-Family
607
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael J. Bianca • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24127542