6 Prospect StreetPutnamCT06260
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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 Putnam at 6 Prospect Street, Putnam, CT, 06260 generates $3,540/mo in rent and, after a $2,198/mo payment, leaves $489/mo in cash flow. Total monthly income is $3,540/mo, and annual cash flow is $5,867/yr on $148,844 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 9.46% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash sums $185,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06260, Putnam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 2,523 (57.6%) |
| Renter Occupied HU | 1,600 (36.5%) |
| Vacant Housing Units | 260 ( 5.9%) |
| Median Home Value | $300,290 |
| Average Home Value | $409,670 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
3,899
Multi-Family
299
Businesses
489
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Listed by: Tanya McDermott • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24143134