




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waterbury at 81 Chipman Street APT 6, Waterbury, CT, 06708 offers $1,643/mo rent that, after a $644/mo payment, leaves $492/mo cash flow. Total monthly income is $1,643/mo, and annual cash flow is $5,902/yr on $43,592 cash. Return on cash invested measures 33.45% in year one, and rental yield stands at 14.99% at a $131,500 entry. Equity gained on principal adds $849/yr while 5% annual appreciation compounds into $36,331 by year five. Five-year ROI records 178.83% and total cumulative return in cash reaches $77,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,643/mo property income versus a $644/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$250 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $131,500 |
| 2025-09-03 | Pending sale | $132,500 |
| 2025-08-22 | Price change | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $2429.00 | -8.79% | $49,140 | N/A |
| 2023-10-15 | $2663.00 | 21.71% | $49,140 | 35.22% |
| 2022-10-15 | $2188.00 | N/A | $36,340 | N/A |



What's Special
None
Listed by: Zach Pranger • Group Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102031
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.