55 Augusta 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 55 Augusta Street, Watertown, CT, 06779 with 5% annual appreciation on a $289,900 basis while $1,974/mo rent supports operations. Total monthly income totals $1,974/mo and a $1,419/mo payment preserves $4/mo for cash returns. Annual cash flow comes to $50/yr on $96,102 deployed, and return on cash invested reaches 19.96% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 8.17%. Five-year ROI measures 103.96% and total cumulative return in cash totals $99,909.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,974/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
7,405 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: Samantha Halladay • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24116223