48 Irion StWaterburyCT06704
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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 Waterbury at 48 Irion St, Waterbury, CT, 06704 offers a 4.35% rental yield on a $425,500 purchase with $1,541/mo rent. 42% in year one. Equity gained on principal adds $2,746/yr while 5% annual appreciation supports $117,558 over five years. Portfolio math shows five-year ROI at 42.04% and total cumulative return in cash at $59,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,541/mo property income against a $2,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1917
6,534 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: Ben M. Weinberg • Oxford Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092082
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.