650 Millville AvenueNaugatuckCT06770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 650 Millville Avenue, Naugatuck, CT, 06770 earns $858/mo cash flow from $2,740/mo rent with a $1,346/mo payment. Total monthly income totals $2,740/mo, and annual cash flow totals $10,290/yr on $91,163 capital. ROI tracks 31.2% on current figures, and rental yield reads 11.96% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 164.25% and total cumulative return in cash sums $149,735. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,740/mo property income instead of your personal income.
Single Family
Built in 1957
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Kropo • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129421
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.