64 Scotch Cap Road #107WaterfordCT06375
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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 Waterford at 64 Scotch Cap Road #107, Waterford, CT, 06375 listed at $369,900 pairs $1,500/mo rent with a $1,810/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 10% in year one, and rental yield registers 4.87% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 50.5% and total cumulative return in cash totals $61,930. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06375, Quaker Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 1,256 (82.1%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $350,348 |
| Average Home Value | $405,239 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
55
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Listed by: Alayna Cassabria • RE/MAX Realty Group
Mls Name: Smart MLS
Mls ID: #24151106