8-12 High StPutnamCT06260
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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
Rental property for sale in Putnam at 8-12 High St, Putnam, CT, 06260 priced at $471,400 pairs $1,745/mo rent with after a $2,307/mo payment. Total monthly income equals $1,745/mo. Return on cash invested is 8.72% in year one, and rental yield stands at 4.44% on a $471,400 basis. Equity gained on principal adds $3,042/yr, and 5% annual appreciation accumulates to $130,239 by year five. Five-year ROI measures 43.62% and total cumulative return in cash reaches $68,165. For financing, Ziffy Mortgage’s DSCR program evaluates $1,745/mo property income against a $2,307/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.52 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: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #24093749