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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 839 Main St APT 3, Torrington, CT, 06790 with 5% annual appreciation on a $185,000 basis while $1,475/mo rent supports operations. 2% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.57%. Five-year ROI measures 96.67% and total cumulative return in cash totals $59,283. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,475/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A lot
$N/A/sqft
$306 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 |
|---|---|---|
| 2025-03-25 | Listed for sale | $185,000 |
| 2021-06-17 | Listing removed | N/A |
| 2021-05-18 | Contingent | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $2109.00 | 0.05% | $43,960 | N/A |
| 2023-03-30 | $2108.00 | 1.74% | $43,960 | N/A |
| 2022-03-30 | $2072.00 | 2.07% | $43,960 | N/A |
What's Special
None
Listed by: Toni Osterhout • Elite Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083094
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.
