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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% |
Rental property for sale in Torrington at 70 Adelaide Ter, Torrington, CT, 06790 offers $2,400/mo rent that, after a $1,762/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 19.24% in year one, and rental yield stands at 8% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 100.14% and total cumulative return in cash reaches $119,474. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.36 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2020-06-30 | Sold | $265,000 |
| 2020-03-05 | Listed for sale | $265,000 |
| 2004-01-26 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $6657.00 | 0.03% | $138,770 | N/A |
| 2023-05-27 | $6655.00 | 1.73% | $138,770 | N/A |
| 2022-05-27 | $6542.00 | 2.11% | $138,770 | N/A |
What's Special
Pull Down Stairs
Listed by: Mike Gregor • Cohen Agency SiM, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098039
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.
