259 Church StreetPutnamCT06260
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
Investment property for sale in Putnam at 259 Church Street, Putnam, CT, 06260 at $279,999 posts ROI 25.03% with $396/mo cash flow from $2,298/mo rent. Total monthly income equals $2,298/mo, and annual cash flow records $4,752/yr on $92,820 to close. Return on cash invested measures 25.03% and rental yield reads 9.85% at the current $279,999. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 131.08% and total cumulative return in cash totals $121,664.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06260, Putnam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 2,523 (57.6%) |
| Renter Occupied HU | 1,600 (36.5%) |
| Vacant Housing Units | 260 ( 5.9%) |
| Median Home Value | $300,290 |
| Average Home Value | $409,670 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
3,899
Multi-Family
299
Businesses
489
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Nearby investment properties with comparable prices
Listed by: Caleb Nadeau • Chabot & Associates Real Estate
Mls Name: Smart MLS
Mls ID: #24147600