30 Culvert StreetTorringtonCT06790
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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 Torrington at 30 Culvert Street, Torrington, CT, 06790 priced at $530,000 pairs $2,300/mo rent with after a $2,594/mo payment. Total monthly income equals $2,300/mo. Return on cash invested is 11.11% in year one, and rental yield stands at 5.21% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 56.4% and total cumulative return in cash reaches $98,347. For financing, Ziffy Mortgage’s DSCR program evaluates $2,300/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1919
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
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Listed by: Jennifer Bundock • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24140535