75 Woodward AvenueWaterburyCT06705
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 75 Woodward Avenue, Waterbury, CT, 06705 in Waterbury. Rental yield 4.11%. At $450,000 with 4.11% gross yield, current distributions are modest, but the 5% appreciation rate projects $124,327 in new equity by year five, complemented by $4,145/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.76) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $74,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 7.1% |
| Monthly Cash Flow | $(1,517) | $450 |
City averages based on Waterbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $2,878 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1913
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06705, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 5,011 (40.9%) |
| Renter Occupied HU | 6,540 (53.4%) |
| Vacant Housing Units | 704 ( 5.7%) |
| Median Home Value | $229,173 |
| Average Home Value | $251,857 |
Housing Distribution
Address Breakdown
Residential
11,275
Single Family
9,810
Multi-Family
1,465
Businesses
786
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 1913
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06705, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 5,011 (40.9%) |
| Renter Occupied HU | 6,540 (53.4%) |
| Vacant Housing Units | 704 ( 5.7%) |
| Median Home Value | $229,173 |
| Average Home Value | $251,857 |
Housing Distribution
Address Breakdown
Residential
11,275
Single Family
9,810
Multi-Family
1,465
Businesses
786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Sullivan • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24149322