5 Thrush StreetWaterfordCT06385
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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 Waterford at 5 Thrush Street, Waterford, CT, 06385 offers $2,346/mo rent that, after a $1,571/mo payment, leaves $165/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $1,981/yr on $106,412 cash. Return on cash invested measures 21.77% in year one, and rental yield stands at 8.77% at a $321,000 entry. Equity gained on principal adds $2,071/yr while 5% annual appreciation compounds into $88,686 by year five. Five-year ROI records 113.65% and total cumulative return in cash reaches $120,941. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $1,571/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Mark Mermelstein • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24119342
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