16 Apple StreetTorringtonCT06790
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 16 Apple Street, Torrington, CT, 06790 earns $240/mo cash flow from $2,632/mo rent with a $1,723/mo payment. Total monthly income totals $2,632/mo, and annual cash flow totals $2,882/yr on $116,688 capital. ROI tracks 22.38% on current figures, and rental yield reads 8.97% at a $352,000 purchase. Equity gained on principal adds $2,271/yr, and 5% annual appreciation supports $97,251 over five years. Five-year ROI reaches 116.9% and total cumulative return in cash sums $136,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Multi Family
Built in 1900
9,147 sqft 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: Rosemary Jacob • Borla & Associates Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.