65 Cables Avenue APT 21WaterburyCT06710
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow65 Cables Avenue APT 21, Waterbury, CT, 06710 in Waterbury earns its strong cash-flow label: 11.85% yield, $1,876/mo rent, $585/mo net income, DSCR 2.20. The $189,999 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $52,493 by year five. Combined with $1,750/yr in principal paydown, total projected return reaches $110,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.1% |
| Monthly Cash Flow | $585 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,876 |
| Total Monthly Debt Service | $1,215 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06710, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 1,122 (26.1%) |
| Renter Occupied HU | 2,572 (59.9%) |
| Vacant Housing Units | 601 (14.0%) |
| Median Home Value | $266,864 |
| Average Home Value | $333,697 |
Housing Distribution
Address Breakdown
Residential
4,044
Single Family
3,217
Multi-Family
827
Businesses
120
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
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06710, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 1,122 (26.1%) |
| Renter Occupied HU | 2,572 (59.9%) |
| Vacant Housing Units | 601 (14.0%) |
| Median Home Value | $266,864 |
| Average Home Value | $333,697 |
Housing Distribution
Address Breakdown
Residential
4,044
Single Family
3,217
Multi-Family
827
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Levi Y. Judqin • Brass Moon Realty
Mls Name: Smart MLS
Mls ID: #24134833