80 Lancaster StreetWatertownCT06779
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 80 Lancaster Street, Watertown, CT, 06779 in Watertown speaks for itself: 11.86% gross on a $299,900 price, generating $2,964/mo in rent and $926/mo in net income after the $1,349/mo debt service. DSCR 2.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,116 stacks alongside $82,857 in projected five-year appreciation and $2,762/yr in principal reduction. Projected total cumulative return: $174,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.0% |
| Monthly Cash Flow | $926 | $1,500 |
City averages based on Watertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,964 |
| Total Monthly Debt Service | $1,918 |
| DSCR Ratio | 1.55x |
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.
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
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
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06779, Oakville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,556 (69.6%) |
| Renter Occupied HU | 951 (25.9%) |
| Vacant Housing Units | 167 ( 4.5%) |
| Median Home Value | $270,833 |
| Average Home Value | $303,960 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,358
Multi-Family
0
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jasmin Kissane • Simple Key
Mls Name: Smart MLS
Mls ID: #24153479