Real Estate Investing in Naugatuck, Connecticut (06770)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

New Haven County • Population: 31,671 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 06770 (Naugatuck, CT)? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (85/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Naugatuck, CT (06770)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $357,290
Avg Monthly Rent $2,023
1% Rule ✗ Does Not Meet
Median Income $91,114
% Renters 34.0%

Market Analysis: 06770 Naugatuck

The 06770 ZIP in Naugatuck, CT is a local-operator market. Outside capital chasing a $357K entry has to pair deep knowledge with the discount.

Looking more closely, the numbers look inviting — $357K purchase price, 0.0% nominal cap — the work to hit that pro forma in 06770 is substantial and deserves full respect.

In the broader CT picture, 06770 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 06770 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The 06770 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Naugatuck:

B Good
Buy Confidence Score: 76/100
Affordability
15/25
Appreciation
25/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,023/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
New Haven-Milford, CT Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from New Haven-Milford, CT metro data
🏠

Property Strategy for 06770

Which property type performs best in this market?

Best for Cash Flow
2BR
5.2% cap rate
Best for Appreciation
2BR
+12.3% 5yr CAGR
Best Overall Value
5BR
$86,134/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $255,577 $1,830 5.2% +12.3% $127,789
3BR $351,120 $2,260 4.6% +10.7% $117,040
4BR $402,112 $2,870 5.1% +10.2% $100,528
5BR $430,672 +10.4% $86,134

Market Trends

Home Value History (with trend line)

$374K$328K$282K$235K$189K$142KJan 2012May 2019Jul 2026

Rent History (with trend line)

$2,116$2,021$1,925$1,830$1,735$1,640Feb 2024May 2025Jul 2026

📊 How Does 06770 Compare?

Metric 06770 Naugatuck New Haven-Milford, CT Connecticut
Home Value $357,290 $357,290 N/A $425,784
5-Year CAGR 8.1% 8.1% N/A 9.3%
Avg Rent $2,023 $2,023 N/A -
Cap Rate 4.4% 4.4% - -
💡 Why Invest in 06770? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 06770 (Naugatuck, CT). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 06770 (Naugatuck, CT)?

~25 seconds · no account needed · your report is anonymous

Property managers serving New Haven County

Manage rentals here? List your business →

Bassett Property Management serves real estate owners and investors. summary from their website

Unclaimed — is this your business? Claim it free

CPE Property Management offers Connecticut HOA & Condo Management services. summary from their website

Unclaimed — is this your business? Claim it free

titan1313.com is a domain name for sale. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+8.1%
Strong

📊 Market Snapshot

Home Value $357,290
Monthly Rent $2,023
Price-to-Rent 14.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.8%
Cap Rate 4.4%
5-Year IRR 12.5%

📈 Home Appreciation

1-Year +5.1% ▲
3-Year CAGR +7.1% ▲
5-Year CAGR +8.1% ▲
10-Year CAGR +8.2% ▲

🏠 Rent Trends

1-Year +6.7% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 06770

Population: 31,671

💰 Median Household Income
$91,114
This area
$91,114
State
$105,835
USA
$74,580
🏠 Renter Occupied
34.0%
This area
34.0%
State
26.8%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-3.3%
USA
3.7%
🎓 College Educated
32.1%
This area
32.1%
State
27.6%
USA
33.7%
👤 Median Age
38.7 years
This area
38.7 years
State
29.1 years
USA
38.9 years
🏚️ Vacancy Rate
4.3%
This area
4.3%
State
10.3%
USA
10.5%
👥 Population by Ethnicity
White 67.9%
Other/Mixed 14.8%
Black/African American 12.7%
Hispanic/Latino 10.8%
Asian 4.6%
👶 Under 18
19.4%
This area
19.4%
USA
22.0%
👴 65 and Over
14.0%
This area
14.0%
USA
17.3%
📊 Poverty Rate
2.8%
This area
2.8%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 06770

A+ Avg School Grade
9 Schools
13.3:1 Avg Class Size
$22,571 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Hillside Intermediate School

📚 05 – 06 School
👥
272 Students
👨‍🏫
11.1:1 Class Size
💰
$22,571 Per Student
A+ Excellent

City Hill Middle School

📚 07 – 08 Middle
👥
636 Students
👨‍🏫
13.3:1 Class Size
💰
$22,571 Per Student
A+ Excellent

Cross Street Intermediate School

📚 05 – 06 School
👥
331 Students
👨‍🏫
13.0:1 Class Size
💰
$22,571 Per Student
A+ Excellent

Hop Brook Elementary School

📚 K – 04 Elementary
👥
312 Students
👨‍🏫
13.3:1 Class Size
💰
$22,571 Per Student
A+ Excellent

Maple Hill School

📚 K – 04 Elementary
👥
434 Students
👨‍🏫
12.7:1 Class Size
💰
$22,571 Per Student
A+ Excellent

Andrew Avenue School

📚 K – 04 Elementary
👥
258 Students
👨‍🏫
12.4:1 Class Size
💰
$22,571 Per Student
A+ Excellent

Salem School

📚 K – 04 Elementary
👥
237 Students
👨‍🏫
12.2:1 Class Size
💰
$22,571 Per Student
A Very Good

Western School

📚 K – 04 Elementary
👥
269 Students
👨‍🏫
15.8:1 Class Size
💰
$22,571 Per Student
A Very Good

Naugatuck High School

📚 09 – 12 High School
👥
1,272 Students
👨‍🏫
16.3:1 Class Size
💰
$22,571 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 38 Off-Campus Students
C
Post University
21,699 students · 3.6 mi
C
Industrial Management Training Institute
29 students · 4.3 mi
C
University of Connecticut-Waterbury Campus
760 students · 4.6 mi
C
Dolce The Academy
42 students · 4.8 mi
C
Oxford Academy of Hair Design Inc
140 students · 6.3 mi
C+
Belle Academy of Cosmetology LLC
12 students · 7.5 mi
C+
Quinnipiac University
8,918 students · 9.5 mi
D
Porter & Chester Institute of Hamden
333 students · 11.6 mi

Frequently Asked Questions

Are rents high in Naugatuck, CT?

Rents in Naugatuck, CT run near $2,023/mo. Compared with median home prices of $357K that produces solid gross yields for typical rentals.

What is the typical vacancy rate in Naugatuck, CT?

Naugatuck, CT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Is Naugatuck, CT a good market for buy-and-hold investors?

Investors tracking Naugatuck, CT will find a 3.0/5 rating supported by $357K median home values and $2,023/mo rents. That profile suits long-term holders targeting consistent returns.

Is Naugatuck, CT better for rentals, flips, or BRRRR?

Naugatuck, CT investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($357K prices, $2,023/mo rents) make it a reasonable choice.

How deep is the rental pool in Naugatuck, CT?

The tenant pool in Naugatuck, CT is solid, supported by local employment and population fundamentals. Rents of $2,023/mo are well-absorbed by the market.

You know 06770 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 06770 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans

How 06770 ranks in New Haven-Milford, CT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 06770 (Naugatuck)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 06770 (Naugatuck, CT).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.