37 New StreetNaugatuckCT06770
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 Naugatuck at 37 New Street, Naugatuck, CT, 06770 earns $236/mo cash flow from $2,783/mo rent with a $1,835/mo payment. Total monthly income totals $2,783/mo, and annual cash flow totals $2,828/yr on $124,279 capital. ROI tracks 22.18% on current figures, and rental yield reads 8.91% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash sums $143,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,783/mo property income instead of your personal income.
Multi Family
Built in 1899
3,484 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: Richard Napoli • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24143118