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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Torrington at 699 South Main Street APT 218, Torrington, CT, 06790 earns $802/mo cash flow from $2,196/mo rent with a $817/mo payment. Total monthly income totals $2,196/mo, and annual cash flow totals $9,620/yr on $55,361 capital. ROI tracks 37.29% on current figures, and rental yield reads 15.78% at a $167,000 purchase. Equity gained on principal adds $1,078/yr, and 5% annual appreciation supports $46,139 over five years. Five-year ROI reaches 198.88% and total cumulative return in cash sums $110,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,196/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
| 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 |
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Sold | $167,000 |
| 2025-05-07 | Pending sale | $169,900 |
| 2025-05-01 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2403.00 | N/A | $50,100 | N/A |
| 2023-10-08 | $2403.00 | 1.74% | $50,100 | N/A |
| 2022-10-08 | $2362.00 | 2.12% | $50,100 | N/A |
What's Special
None
Listed by: Joanne M. Donne • The Washington Agency
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091780
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.
