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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 Street APT 17, Torrington, CT, 06790 offers a 19.68% rental yield on a $115,000 purchase with $1,886/mo rent. Total monthly income registers $1,886/mo, and a $563/mo payment leaves $841/mo available for distribution. Annual cash flow reaches $10,086/yr on $38,123 to close, and return on cash invested stands at 46.37% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 248.57% and total cumulative return in cash at $94,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,886/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$264 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 |
|---|---|---|
| 2025-09-05 | Sold | $115,000 |
| 2025-08-22 | Pending sale | $124,000 |
| 2025-07-30 | Price change | $124,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1422.00 | N/A | $29,640 | N/A |
| 2023-10-13 | $1422.00 | 1.79% | $29,640 | N/A |
| 2022-10-13 | $1397.00 | 2.12% | $29,640 | N/A |
What's Special
None
Listed by: Courtney LeBlanc • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096132
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.
