494 Woodtick RoadWaterburyCT06705
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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 Waterbury at 494 Woodtick Road, Waterbury, CT, 06705 priced at $285,000 converts $2,018/mo rent into $82/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,018/mo, and annual cash flow totals $978/yr on $94,478 invested. Return on cash invested prints 20.94% in year one, and rental yield reads 8.5% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 109.21% and total cumulative return in cash sums $103,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,018/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06705, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 5,011 (40.9%) |
| Renter Occupied HU | 6,540 (53.4%) |
| Vacant Housing Units | 704 ( 5.7%) |
| Median Home Value | $229,173 |
| Average Home Value | $251,857 |
Housing Distribution
Address Breakdown
Residential
11,275
Single Family
9,810
Multi-Family
1,465
Businesses
786
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Listed by: Trevor Burke • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24138223