82 Longview Street APT 15WaterfordCT06385
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
Investment Highlights
Rental property for sale in Waterford at 82 Longview Street APT 15, Waterford, CT, 06385 generates $2,108/mo in rent and, after a $636/mo payment, leaves $972/mo in cash flow. Total monthly income is $2,108/mo, and annual cash flow is $11,664/yr on $43,095 invested. Return on cash invested sits at 46.97% in year one, and rental yield is 19.46% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 251.31% and total cumulative return in cash sums $108,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$253 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicki Long • RE/MAX Legends
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085165
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.