17 Auburn StreetPutnamCT06260
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 Putnam at 17 Auburn Street, Putnam, CT, 06260 earns $94/mo cash flow from $1,860/mo rent with a $1,272/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $1,130/yr on $86,157 capital. ROI tracks 21.22% on current figures, and rental yield reads 8.59% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 110.7% and total cumulative return in cash sums $95,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1963
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06260, Putnam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 2,523 (57.6%) |
| Renter Occupied HU | 1,600 (36.5%) |
| Vacant Housing Units | 260 ( 5.9%) |
| Median Home Value | $300,290 |
| Average Home Value | $409,670 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
3,899
Multi-Family
299
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney E. Ravenelle • RE/MAX Bell Park Realty
Mls Name: Smart MLS
Mls ID: #24151888