52 Gail DriveWaterburyCT06704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 52 Gail Drive, Waterbury, CT, 06704 priced at $335,900 converts $2,640/mo rent into $358/mo cash flow after a $1,644/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $4,293/yr on $111,351 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 9.43% against a $335,900 entry. Equity gained on principal adds $2,168/yr, while 5% annual appreciation compiles into $92,803 by year five. Five-year ROI reaches 124.3% and total cumulative return in cash sums $138,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,644/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,405 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: Elaine M Bourhan-Monroe • Gallagher Real Estate
Mls Name: Smart MLS
Mls ID: #24113538