53 Harwinton Avenue APT 4TorringtonCT06790
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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 Torrington at 53 Harwinton Avenue APT 4, Torrington, CT, 06790 listed at $154,900 pairs $1,225/mo rent with a $758/mo payment to leave $173/mo cash flow. Total monthly income runs $1,225/mo, and annual cash flow reaches $2,072/yr on $51,349 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 9.49% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 125.3% and total cumulative return in cash totals $64,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,225/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A 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: Kaysha Maldonado • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24137616