45 Louise StreetWaterfordCT06385
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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
Rental property for sale in Waterford at 45 Louise Street, Waterford, CT, 06385 offers $2,570/mo rent that, after a $1,224/mo payment, leaves $871/mo cash flow. Total monthly income is $2,570/mo, and annual cash flow is $10,452/yr on $82,875 cash. Return on cash invested measures 32.52% in year one, and rental yield stands at 12.34% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 171.25% and total cumulative return in cash reaches $141,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,570/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Erin M. McNamara • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103041
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.