60 North 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
Investment property for sale in Putnam at 60 North Street, Putnam, CT, 06260 earns $350/mo cash flow from $2,095/mo rent with a $1,210/mo payment. Total monthly income totals $2,095/mo, and annual cash flow totals $4,194/yr on $81,963 capital. ROI tracks 25.03% on current figures, and rental yield reads 10.17% at a $247,250 purchase. Equity gained on principal adds $1,595/yr, and 5% annual appreciation supports $68,311 over five years. Five-year ROI reaches 131.44% and total cumulative return in cash sums $107,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,095/mo property income instead of your personal income.
Single Family
Built in 1953
0.28 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: Valerie L. Macneil • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.