150 Millville AvenueNaugatuckCT06770
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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 Naugatuck at 150 Millville Avenue, Naugatuck, CT, 06770 uses $92,820 cash to close to unlock $216/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,370/mo payment keeps the spread at $18/mo. Purchase price stands at $280,000, and rental yield measures 8.23% with $1,920/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 104.87% and total cumulative return in cash records $97,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06770, Naugatuck, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,477 (100%) |
| Owner Occupied HU | 8,547 (63.4%) |
| Renter Occupied HU | 4,143 (30.7%) |
| Vacant Housing Units | 787 ( 5.8%) |
| Median Home Value | $291,402 |
| Average Home Value | $336,189 |
Housing Distribution
Address Breakdown
Residential
12,938
Single Family
12,061
Multi-Family
877
Businesses
810
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Listed by: Kyle Seyboth • Century 21 Limitless
Mls Name: Smart MLS
Mls ID: #24152364