67 Longview AvenueWatertownCT06795
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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 Watertown at 67 Longview Avenue, Watertown, CT, 06795 priced at $584,788 converts $2,100/mo rent into after a $2,862/mo obligation. Total monthly income equals $2,100/mo. Return on cash invested prints 8.38% in year one, and rental yield reads 4.31% against a $584,788 entry. Equity gained on principal adds $3,774/yr, while 5% annual appreciation compiles into $161,566 by year five. Five-year ROI reaches 41.77% and total cumulative return in cash sums $80,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $2,862/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06795, Watertown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,618 (81.8%) |
| Renter Occupied HU | 803 (14.2%) |
| Vacant Housing Units | 222 ( 3.9%) |
| Median Home Value | $350,723 |
| Average Home Value | $417,072 |
Housing Distribution
Address Breakdown
Residential
5,526
Single Family
5,267
Multi-Family
259
Businesses
717
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Nearby investment properties with comparable prices
Listed by: Sandy Kerr • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24125939