1 6th Street, Plainfield, CT, 06374 | 5.39% Rental Yield

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1 6th Street, Plainfield, CT, 06374 | 5.39% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Plainfield at 1 6th Street, Plainfield, CT, 06374 earns from $2,040/mo rent with a $2,222/mo payment. Total monthly income totals $2,040/mo. ROI tracks 11.58% on current figures, and rental yield reads 5.39% at a $454,000 purchase. Equity gained on principal adds $2,930/yr, and 5% annual appreciation supports $125,432 over five years. Five-year ROI reaches 58.98% and total cumulative return in cash sums $88,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.

Multi Family

Built in 1916

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully Renovated 2-Family Home - Perfect for Investment or Extended Family Living! Welcome to this updated and well-maintained 2-family home, offering a fantastic opportunity for homeowners or investors alike. Each spacious unit features 3 bedrooms, thoughtfully renovated with stylish finishes and modern updates throughout. Enjoy the beauty of gleaming hardwood floors and the functionality of updated kitchens and baths. The lovely, private backyard is ideal for entertaining guests, relaxing with family, or enjoying quiet evenings outdoors. A deck provides the perfect space for morning coffee or summer BBQs. Additional features include: 2-car garage with epoxy flooring and a shed for outdoor storage. Large basement offering ample storage space. Solar panels for energy efficiency and reduced utility costs. 2 additional off-street parking spaces in addition to the garage. Conveniently located close to local amenities, shops, schools, and with easy highway access, this home checks all the boxes for comfort, convenience, and smart living. Don't miss your chance to own this versatile property-schedule your private showing today! Owner-occupied unit will be shown on Aug. 9 10-12 Other unit will be shown by appointment only.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06374, Plainfield, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,400 (100%)
Owner Occupied HU	2,439 (71.7%)
Renter Occupied HU	809 (23.8%)
Vacant Housing Units	152 ( 4.5%)
Median Home Value	$322,482
Average Home Value	$354,613