1067 Litchfield Tpke · Torrington, CT 06057

$369,900

4 bd · 1.5 ba · 1,426 sqft · SingleFamily public records · 20 Days on market

Built 1953 0.88 ac lot Est $342k · 8% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +7.4/30.0
• Schools +4.4/10.0
• ARV discount +3.9/15.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +1.6/10.0

Listing remarks MLS

This fannie mae property can be purchased with 5% down using homepath financing. Four bed rm ranch with remodeled kitchen,wood flooring,fp in liv rm, and a large back yard.

Key facts

• Finished bonus space
• Updated kitchen
• Outdoor setting

Tags

• UPDATED KITCHEN
• SMART HOME TECHNOLOGY
• FINISHED BONUS SPACE
• OUTDOOR SETTING
• CONVENIENTLY LOCATED

Property features AI

Finance

• Financial info: Assessed value available

Exterior

• Utilities: Private well water; Septic sewer
• Home design: Single-family home
• Construction: Concrete construction and foundation; Aluminum siding; Asphalt shingle roof
• Exterior features: Level lot; Above-ground swimming pool

Interior

• Kitchen: Oven/Range; Microwave; Refrigerator; Dishwasher
• Bedrooms: Four bedrooms
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central air; Hot water heat fueled by oil and wood; Fuel tank located in basement
• Interior features: Seven total rooms; One fireplace; Full basement; Has an attic
• Laundry & utility: 40-gallon hot water tank

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $370k.

Deal economics

• At list price, monthly cash flow is $-469 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $287k (22.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $251k (32.1% below list).
• Recommended offer: $251k (32.1% below list) — sets the bar for 1% rule.
• Cap rate 4.8% vs local median 3.9% in Torrington — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 76/100 on livability (#53 in CT, #3,449 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D, commute F.
• Regional School District 07 (town): math 38% / reading 63% proficiency, ranked #81 of 153 in CT (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
• Market conditions: 27 active listings in the ZIP; 154 units permitted in Northwest Hills Planning Region in 2024 (6 in 5+ unit buildings).

Forward outlook

• In year one you build about $40k of equity ($3k loan paydown + $37k appreciation (10.0% local appreciation)).
• By year 2, paydown + projected appreciation supports a ~$64k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($364k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $79k; list at $370k implies a 368% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $251,115 (32.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.68% ✗
• Cap rate: 4.77%
• Cash-on-cash: -5.43%
• DSCR: 0.76
• GRM: 12.3

CMA / ARV

• ARV (on-the-fly): $342,240
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
59 Birdsview Ave	0.17mi	4/1.5	1,466 (+3%)	1mo	$340,000	$232	86
37 E Cotton Hill Rd	0.25mi	4/1.0	1,260 (-12%)	4mo	$352,000	$279	64
31 Birdsview Ave	0.12mi	4/1.5	1,544 (+8%)	20mo	$369,900	$240	64
16 Cotton Hill Rd	0.50mi	3/2.0 (-1)	1,444 (+1%)	21mo	$335,000	$232	50
171 Maple Hollow Rd	0.58mi	3/2.0 (-1)	1,400 (-2%)	15mo	$400,000	$286	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.4%
• Equity multiple: 2.66×
• Total profit: $171,590
• Equity at exit: $333,235

10-year hold

• IRR: 18.6%
• Equity multiple: 6.10×
• Total profit: $528,721
• Equity at exit: $718,634

Cash invested: $103,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06057

• Home prices YoY: 11.2%
• Active inventory: 27
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $2,511 medium
• Mortgage (P&I): −$1,940
• Tax from tax record: −$358 /mo · $4,301/yr
• Insurance: −$154
• HOA: −$0
• Vacancy / Maint / Mgmt: −$527
• Net cashflow: $-469

Break-even live

Break-even rent $3,104

Max offer price $287,132

Occupancy floor —

Sensitivity live

Price	-10% $-259	-5% $-364	+0% $-469	+5% $-573	+10% $-678
Rent	-10% $-667	-5% $-568	+0% $-469	+5% $-369	+10% $-270
Rate	-1.0pp $-282	-0.5pp $-374	base $-469	+0.5pp $-564	+1.0pp $-662

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $92,475
• Closing costs: $11,097
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-19
   days on market $369,900 Active 20 DOM
2. 2026-06-18
   days on market $369,900 Active 19 DOM
3. 2026-06-17
   days on market $369,900 Active 18 DOM
4. 2026-06-16
   days on market $369,900 Active 17 DOM
5. 2026-06-15
   days on market $369,900 Active 16 DOM
6. 2026-06-14
   days on market $369,900 Active 14 DOM
7. 2026-06-13
   days on market $369,900 Active 13 DOM
8. 2026-06-10
   days on market $369,900 Active 11 DOM
9. 2026-06-09
   days on market $369,900 Active 10 DOM
10. 2026-06-08
    days on market $369,900 Active 9 DOM
11. 2026-06-07
    days on market $369,900 Active 8 DOM
12. 2026-06-03
    days on market $369,900 Active 4 DOM
13. 2026-06-02
    days on market $369,900 Active 3 DOM
14. 2026-06-01
    days on market $369,900 Active 2 DOM
15. 2026-05-31
    remarks 699-char remark
16. 2026-05-31
    listed $369,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $4,301 · $358/mo
• Projected year-2 tax: $6,108 · $509/mo
• Expected delta: +$1,807/yr (+$151/mo · 42.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥93°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,134
• − Mortgage interest: −$20,720
• − Property taxes: −$4,301
• − Insurance: −$1,850
• − Repairs & maintenance: −$2,411
• − Management: −$2,411
• − Depreciation: −$10,761
• Taxable loss: −$12,319
• Est. tax savings @ 24.0%: +$2,957
• After-tax cash flow: $-2,666/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Regional School District 07
• NCES district ID: 0903720
• Math proficiency: 38% ▼ -18.00%
• Reading proficiency: 63% ▼ -12.00%
• Median HH income: $58,205
• Composite: 43.88/100
• National rank: #2918
• State rank: #81 of 153 in CT

Livability — Torrington

• Score: 76/100
• State rank: #53
• US rank: #3449

Category grades

Amenities C+ Commute F Cost of living A+ Crime A+ Employment C Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 35,566
• Population (ZIP): 5,922

Population outlook (Northwest Hills County) Hauer SSP2

• By 2040: 118,998

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 3% Two or more races 2% Asian 1%
• Common ancestry: Lithuanian 9% Slovak 5% Romanian 5%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 3% Korean 1%

Political lean MEDSL · Northwest Hills

• 2024 margin: Toss-up / Even · D 48.6% · R 49.9% · Other 1.6%
• All cycles: 2024: R+1.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 27.95%
• Current HPI: 276.7351
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

+168.0% since first listed

12 events — show timeline

• 2026-05-30 Listed $369,900 Smart MLS
• 2014-09-29 Sold (MLS) $79,000 Smart MLS
• 2013-12-03 Listed $119,900 Smart MLS
• 2011-10-22 Listing Removed — Smart MLS
• 2011-01-22 Listed $224,900 Smart MLS
• 2003-05-21 Sold (Public Records) $165,000 Public Records
• 2003-05-21 Sold (Public Records) $165,000 Public Records
• 2003-05-21 Sold (MLS) $165,000 Smart MLS
• 2003-02-15 Listed $179,900 Smart MLS
• 2001-11-15 Sold (Public Records) $133,000 Public Records
• 2001-11-15 Sold (MLS) $133,000 Smart MLS
• 2001-05-25 Listed $138,000 Smart MLS

Property tax history

+2.8%/yr

Latest (2023): $4,301 · +1.6% YoY. Source: county tax records.