51 Brook Street APT 3CNaugatuckCT06770
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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
Investment property for sale in Naugatuck at 51 Brook Street APT 3C, Naugatuck, CT, 06770 uses $76,245 cash to close to unlock $5,784/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $1,126/mo payment keeps the spread at $482/mo. Purchase price stands at $230,000, and rental yield measures 10.67% with $2,045/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 144.32% and total cumulative return in cash records $110,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
Has HOA fee 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: Marie E. Pelaccia • First Equity Real Estate & Appraisals, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102875
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