47 Whiting AvenueTorringtonCT06790
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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 Torrington at 47 Whiting Avenue, Torrington, CT, 06790 earns from $1,680/mo rent with a $2,207/mo payment. Total monthly income totals $1,680/mo. ROI tracks 8.8% on current figures, and rental yield reads 4.47% at a $450,900 purchase. Equity gained on principal adds $2,910/yr, and 5% annual appreciation supports $124,575 over five years. Five-year ROI reaches 44.09% and total cumulative return in cash sums $65,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Multi Family
Built in 1900
3,484 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: Mike Gregor • Cohen Agency SiM, LLC
Mls Name: Smart MLS
Mls ID: #24146756