15 Scott 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
Rental property for sale in Torrington at 15 Scott Drive, Torrington, CT, 06790 priced at $351,900 converts $2,400/mo rent into $9/mo cash flow after a $1,722/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $113/yr on $116,655 invested. Return on cash invested prints 20.01% in year one, and rental yield reads 8.18% against a $351,900 entry. Equity gained on principal adds $2,271/yr, while 5% annual appreciation compiles into $97,223 by year five. Five-year ROI reaches 104.17% and total cumulative return in cash sums $121,522. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,722/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.46 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
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Listed by: Bethany Lydem • Stone Crest Realty LLC
Mls Name: Smart MLS
Mls ID: #24150749