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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Torrington at 403 Charles St, Torrington, CT, 06790 offers a 8.13% rental yield on a $250,000 purchase with $1,694/mo rent. 84% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 103.24% and total cumulative return in cash at $85,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,694/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
| 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 |
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
Date | Event | Price |
|---|---|---|
| 2025-05-03 | Listed for sale | $250,000 |
| 2025-04-21 | Listing removed | $250,000 |
| 2025-04-04 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-07 | $3815.00 | 0.03% | $79,520 | N/A |
| 2023-05-07 | $3814.00 | 1.73% | $79,520 | N/A |
| 2022-05-07 | $3749.00 | 14.16% | $79,520 | 11.80% |
What's Special
None
Listed by: Michelle Grant • Coldwell Banker Premier Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085762
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.
