463 Pearl Lake RoadWaterburyCT06706
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 463 Pearl Lake Road, Waterbury, CT, 06706 at $189,900 posts ROI 43.38% with $1,231/mo cash flow from $2,521/mo rent. Total monthly income equals $2,521/mo, and annual cash flow records $14,774/yr on $62,952 to close. Return on cash invested measures 43.38% and rental yield reads 15.93% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 229.55% and total cumulative return in cash totals $144,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,521/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1814
1.88 Acres 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
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Nearby investment properties with comparable prices
Listed by: Ronald T. Forcier • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24129297