54 Buckingham StreetWatertownCT06779
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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 Watertown at 54 Buckingham Street, Watertown, CT, 06779 listed at $284,990 pairs $2,107/mo rent with a $1,395/mo payment to leave $171/mo cash flow. Total monthly income runs $2,107/mo, and annual cash flow reaches $2,046/yr on $94,474 cash to close. Return on cash invested measures 22.07% in year one, and rental yield registers 8.87% at a $284,990 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,737 by year five. Five-year ROI tracks 115.27% and total cumulative return in cash totals $108,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,107/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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Listed by: Arben Demiraj • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24144632