465 North Main StreetNaugatuckCT06770
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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 465 North Main Street, Naugatuck, CT, 06770 generates $1,687/mo in rent and, after a $1,158/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,687/mo, and annual cash flow is $918/yr on $78,400 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 8.56% on a $236,500 entry. Equity gained on principal adds $1,526/yr, while 5% annual appreciation builds toward $65,341 over five years. Five-year ROI reaches 109.95% and total cumulative return in cash sums $86,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
0.33 Acres 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: Sherry Price • Realhome Services & Solutions
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101821
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.