13 Market StreetPutnamCT06260
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
Investment property for sale in Putnam at 13 Market Street, Putnam, CT, 06260 with 5% annual appreciation on a $340,000 basis while $2,790/mo rent supports operations. Total monthly income totals $2,790/mo and a $1,664/mo payment preserves $480/mo for cash returns. Annual cash flow comes to $5,760/yr on $112,710 deployed, and return on cash invested reaches 25.02% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 9.85%. Five-year ROI measures 131.04% and total cumulative return in cash totals $147,690.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,790/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06260, Putnam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 2,523 (57.6%) |
| Renter Occupied HU | 1,600 (36.5%) |
| Vacant Housing Units | 260 ( 5.9%) |
| Median Home Value | $300,290 |
| Average Home Value | $409,670 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
3,899
Multi-Family
299
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica S. Deojay • RE/MAX Bell Park Realty
Mls Name: Smart MLS
Mls ID: #24124546