132 Circle DriveTorringtonCT06790
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 Torrington at 132 Circle Drive, Torrington, CT, 06790 listed at $309,900 pairs $3,065/mo rent with a $1,517/mo payment to leave $959/mo cash flow. Total monthly income runs $3,065/mo, and annual cash flow reaches $11,510/yr on $102,732 cash to close. Return on cash invested measures 31.11% in year one, and rental yield registers 11.87% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 163.74% and total cumulative return in cash totals $168,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,065/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,177 (100%) |
| Owner Occupied HU | 10,221 (59.5%) |
| Renter Occupied HU | 5,550 (32.3%) |
| Vacant Housing Units | 1,406 ( 8.2%) |
| Median Home Value | $205,021 |
| Average Home Value | $290,346 |
Housing Distribution
Address Breakdown
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine A. Hunter • Hunter Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24123938