134 Queens Road #134TorringtonCT06790
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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
Investment property for sale in Torrington at 134 Queens Road #134, Torrington, CT, 06790 uses $53,040 cash to close to unlock $1,392/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,203/mo, and a $783/mo payment keeps the spread at $116/mo. Purchase price stands at $160,000, and rental yield measures 9.02% with $1,203/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash records $62,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,203/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A 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
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Listed by: Jared Tedesco • Litchfield County Real Estate
Mls Name: Smart MLS
Mls ID: #24146163