67 Hillside AvenueTorringtonCT06790
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
Rental property for sale in Torrington at 67 Hillside Avenue, Torrington, CT, 06790 priced at $189,900 pairs $1,524/mo rent with $234/mo cash flow after a $929/mo payment. Total monthly income equals $1,524/mo, and annual cash flow comes to $2,810/yr on $62,952 invested. Return on cash invested is 24.37% in year one, and rental yield stands at 9.63% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 127.65% and total cumulative return in cash reaches $80,357. For financing, Ziffy Mortgage’s DSCR program evaluates $1,524/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
6,098 sqft 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: Jeff Geddes • Borla & Associates Real Estate
Mls Name: Smart MLS
Mls ID: #24139374