7 Ashley StreetWaterburyCT06704
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 7 Ashley Street, Waterbury, CT, 06704 in Waterbury hard to pass up. The 10.86% gross yield on a $270,000 purchase results in $2,444/mo in rent and $610/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $7,319, five-year appreciation of $74,596, and $2,487/yr in equity build-up combine for a projected total cumulative return of $142,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.1% |
| Monthly Cash Flow | $610 | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,444 |
| Total Monthly Debt Service | $1,727 |
| DSCR Ratio | 1.42x |
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.
Multi Family
Built in 1898
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
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
Multi Family
Built in 1898
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06704, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,037 (100%) |
| Owner Occupied HU | 4,066 (36.8%) |
| Renter Occupied HU | 6,049 (54.8%) |
| Vacant Housing Units | 922 ( 8.4%) |
| Median Home Value | $227,571 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
10,091
Single Family
9,411
Multi-Family
680
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Soraida Valentin-Trotman • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24085924