82 Longview Street APT 15WaterfordCT06385
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 82 Longview Street APT 15, Waterford, CT, 06385 in Waterford. Priced at $130,000, it generates $2,108/mo in gross rent and $972/mo in net monthly cash flow, a 19.46% yield that comfortably supports the 3.60 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,665. Five-year appreciation: $35,917. Equity from principal paydown: $1,197/yr. Total projected cumulative return: $113,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.5% | 6.5% |
| Monthly Cash Flow | $972 | $300 |
City averages based on Waterford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,108 |
| Total Monthly Debt Service | $1,085 |
| DSCR Ratio | 1.94x |
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.
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
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
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.