51 Joy Road, Waterbury, CT, 06708 | 8.08% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waterbury at 51 Joy Road, Waterbury, CT, 06708 priced at $285,000 pairs $1,920/mo rent with after a $1,395/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 19.7% in year one, and rental yield stands at 8.08% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 102.53% and total cumulative return in cash reaches $96,870. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1940

9,583 sqft lot

$N/A/sqft

No HOA