519 Scott Rd APT 57WaterburyCT06705
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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 519 Scott Rd APT 57, Waterbury, CT, 06705 uses $59,339 cash to close to unlock $1,908/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,804/mo, and a $876/mo payment keeps the spread at $159/mo. Purchase price stands at $179,000, and rental yield measures 12.09% with $1,804/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 124.09% and total cumulative return in cash records $73,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,804/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$395 monthly 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: Zach Pranger • Group Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085938
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.