91 Harrison AvenueTorringtonCT06790
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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 Torrington at 91 Harrison Avenue, Torrington, CT, 06790 generates $1,875/mo in rent and, after a $1,331/mo payment, leaves $27/mo in cash flow. Total monthly income is $1,875/mo, and annual cash flow is $326/yr on $90,168 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 8.27% on a $272,000 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 105.64% and total cumulative return in cash sums $95,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,875/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06790, Torrington, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,273
Single Family
14,829
Multi-Family
1,444
Businesses
1,355
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Listed by: Marcy D'angelo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24120703