187 Torringford StreetWinstedCT06098
Nearby investment properties with comparable rents
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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
Rental property for sale in Winsted at 187 Torringford Street, Winsted, CT, 06098 priced at $419,000 pairs $1,860/mo rent with after a $2,051/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 11.38% in year one, and rental yield stands at 5.33% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 57.89% and total cumulative return in cash reaches $80,405. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
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Nearby investment properties with comparable prices
Listed by: Jessica Washington • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24138466