91 Piping Rock DriveWaterburyCT06706
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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 91 Piping Rock Drive, Waterbury, CT, 06706 offers $3,027/mo rent that, after a $1,693/mo payment, leaves $376/mo cash flow. Total monthly income is $3,027/mo, and annual cash flow is $4,517/yr on $114,666 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 10.5% at a $345,900 entry. Equity gained on principal adds $2,232/yr while 5% annual appreciation compounds into $95,566 by year five. Five-year ROI records 125.93% and total cumulative return in cash reaches $144,395. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,027/mo property income versus a $1,693/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06706, Waterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,103 (100%) |
| Owner Occupied HU | 2,588 (42.4%) |
| Renter Occupied HU | 3,030 (49.6%) |
| Vacant Housing Units | 485 ( 7.9%) |
| Median Home Value | $161,751 |
| Average Home Value | $254,256 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,035
Multi-Family
607
Businesses
398
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Listed by: Robert Ghent • Ghent Realty Advisors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106262
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.