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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 816 E Main St, Torrington, CT, 06790 earns $633/mo cash flow from $2,400/mo rent with a $1,273/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $7,596/yr on $86,190 capital. ROI tracks 28.72% on current figures, and rental yield reads 11.08% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 150.89% and total cumulative return in cash sums $130,049. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1935
0.38 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 |
|---|---|---|
| 2023-01-10 | Sold | $183,000 |
| 2022-08-22 | Listed for sale | $184,900 |
| 2022-08-22 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $3264.00 | N/A | $68,050 | N/A |
| 2023-04-28 | $3264.00 | 1.75% | $68,050 | N/A |
| 2022-04-28 | $3208.00 | 2.10% | $68,050 | N/A |
What's Special
Crawl Space,Pull Down Stairs
Listed by: Erica Rindels • Lock and Key Realty, Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089616
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.
