70 Oakridge RdWaterburyCT06706
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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 Waterbury at 70 Oakridge Rd, Waterbury, CT, 06706 offers a 10.62% rental yield on a $429,900 purchase with $3,805/mo rent. Total monthly income registers $3,805/mo, and a $2,104/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,207/yr on $142,512 to close, and return on cash invested stands at 25.67% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 135.12% and total cumulative return in cash at $192,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,805/mo property income against a $2,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06706, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,103 (100%) |
| Owner Occupied HU | 2,588 (42.4%) |
| Renter Occupied HU | 3,030 (49.6%) |
| Vacant Housing Units | 485 ( 7.9%) |
| Median Home Value | $161,751 |
| Average Home Value | $254,256 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,035
Multi-Family
607
Businesses
398
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Listed by: Paul Pistritto • Francis T. Zappone Company
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090782
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.