17 Pratte AvenueTaftvilleCT06380
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 17 Pratte Avenue, Taftville, CT, 06380 in Taftville hard to pass up. The 14.12% gross yield on a $180,000 purchase results in $2,353/mo in rent and $907/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.91). Annual cash flow of $10,887, five-year appreciation of $49,731, and $1,658/yr in equity build-up combine for a projected total cumulative return of $134,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 8.0% |
| Monthly Cash Flow | $907 | $150 |
City averages based on Taftville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,353 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1919
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06380, Taftville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 471 (33.9%) |
| Renter Occupied HU | 755 (54.4%) |
| Vacant Housing Units | 162 (11.7%) |
| Median Home Value | $214,091 |
| Average Home Value | $327,341 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,045
Multi-Family
378
Businesses
114
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
Single Family
Built in 1919
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06380, Taftville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 471 (33.9%) |
| Renter Occupied HU | 755 (54.4%) |
| Vacant Housing Units | 162 (11.7%) |
| Median Home Value | $214,091 |
| Average Home Value | $327,341 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,045
Multi-Family
378
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carlos Ortiz • Coldwell Banker Choice Properties
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113043
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.