47 Santoro StWaterburyCT06704
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 47 Santoro St, Waterbury, CT, 06704 priced at $350,000 converts $2,536/mo rent into $85/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,536/mo, and annual cash flow totals $1,021/yr on $116,025 invested. Return on cash invested prints 20.79% in year one, and rental yield reads 8.69% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 108.67% and total cumulative return in cash sums $126,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,536/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
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Listed by: Michael Marino • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089937
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.