17 Pratte AvenueTaftvilleCT06380
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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 Taftville at 17 Pratte Avenue, Taftville, CT, 06380 uses $59,670 cash to close to unlock $12,161/yr annual cash flow and $1,013/mo monthly cash flow. Total monthly income runs $2,353/mo, and a $881/mo payment keeps the spread at $1,013/mo. Purchase price stands at $180,000, and rental yield measures 15.69% with $2,353/mo rent. Return on cash invested shows 40.29% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 213.82% and total cumulative return in cash records $127,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $881/mo payment rather than investor’s personal income.
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
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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.