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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Torrington at 18 Joyce St, Torrington, CT, 06790 priced at $225,000 pairs $1,519/mo rent with after a $1,101/mo payment. Total monthly income equals $1,519/mo. Return on cash invested is 19.76% in year one, and rental yield stands at 8.1% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 102.83% and total cumulative return in cash reaches $76,701. For financing, Ziffy Mortgage’s DSCR program evaluates $1,519/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
| 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 |
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $225,000 |
| 2018-03-14 | Sold | $95,000 |
| 2001-09-07 | Sold | $79,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $3576.00 | 0.03% | $74,540 | N/A |
| 2023-04-04 | $3575.00 | 1.74% | $74,540 | N/A |
| 2022-04-04 | $3514.00 | 2.09% | $74,540 | N/A |
What's Special
Walk-up
Listed by: Katie Breitkreutz • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084513
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.
