81 Chipman Street APT 19WaterburyCT06708
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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
Rental property for sale in Waterbury at 81 Chipman Street APT 19, Waterbury, CT, 06708 generates $1,272/mo in rent and, after a $734/mo payment, leaves $53/mo in cash flow. Total monthly income is $1,272/mo, and annual cash flow is $638/yr on $49,692 invested. Return on cash invested sits at 21.19% in year one, and rental yield is 10.18% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 112.39% and total cumulative return in cash sums $55,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,272/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
$200 monthly HOA
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Listed by: John M. Payne • Mike Kelly Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100848
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.