49 Damson LaneNaugatuckCT06770
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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 49 Damson Lane, Naugatuck, CT, 06770 priced at $339,000 converts $2,700/mo rent into $397/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $4,763/yr on $112,379 invested. Return on cash invested prints 24.15% in year one, and rental yield reads 9.56% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 126.36% and total cumulative return in cash sums $142,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1942
9,147 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: Ashley R. Dutton • Witkoski Associates, LLC.
Mls Name: Smart MLS
Mls ID: #24141149