20 Park AveNaugatuckCT06770
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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 Naugatuck at 20 Park Ave, Naugatuck, CT, 06770 generates $3,251/mo in rent and, after a $1,782/mo payment, leaves $777/mo in cash flow. Total monthly income is $3,251/mo, and annual cash flow is $9,329/yr on $120,666 invested. Return on cash invested sits at 27.64% in year one, and rental yield is 10.72% on a $364,000 entry. Equity gained on principal adds $2,349/yr, while 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 145.12% and total cumulative return in cash sums $175,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,251/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
8,276 sqft 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
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Listed by: Jane Spino • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082541
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.