17 Salem StNaugatuckCT06770
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
Rental property for sale in Naugatuck at 17 Salem St, Naugatuck, CT, 06770 priced at $475,000 pairs $1,917/mo rent with after a $2,325/mo payment. Total monthly income equals $1,917/mo. Return on cash invested is 9.92% in year one, and rental yield stands at 4.84% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 50.09% and total cumulative return in cash reaches $78,871. For financing, Ziffy Mortgage’s DSCR program evaluates $1,917/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jane Spino • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087171
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.