89 Chipman St APT 10WaterburyCT06708
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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 89 Chipman St APT 10, Waterbury, CT, 06708 generates $1,395/mo in rent, after a $896/mo payment. Total monthly income is $1,395/mo. Return on cash invested sits at 17.83% in year one, and rental yield is 9.15% on a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 94.43% and total cumulative return in cash sums $57,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,395/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$170 monthly HOA
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Listed by: Judith C. Rush • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078260
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