46 Miner AveWaterfordCT06385
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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 46 Miner Ave, Waterford, CT, 06385 uses $137,539 cash to close to unlock $5,312/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $3,262/mo, and a $2,031/mo payment keeps the spread at $443/mo. Purchase price stands at $414,900, and rental yield measures 9.43% with $3,262/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 124.35% and total cumulative return in cash records $171,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,262/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Karen L. Smith • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24074632
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