10 6th Street, Plainfield, CT, 06374 | 6.85% Rental Yield

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10 6th Street, Plainfield, CT, 06374 | 6.85% Rental Yield | Ziffy

For Sale

Currently Rented

Rental Income

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 10 6th Street, Plainfield, CT, 06374 at $350,000 posts ROI 15.98% with from $1,998/mo rent. Total monthly income equals $1,998/mo. Return on cash invested measures 15.98% and rental yield reads 6.85% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 82.55% and total cumulative return in cash totals $95,774. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Multi Family

Built in 1916

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Well-maintained duplex offering an excellent investment or owner-occupied opportunity. Each unit features a large living room/den, an eat-in kitchen, a full bath with washer/dryer hookups, and three spacious bedrooms upstairs. Separate heating systems and electric panels provide convenience and efficiency for both units. Recent updates include new heating systems in both units within the last five years and a roof replaced just seven years ago. The back deck has been freshly painted, and off-street parking adds to the property's appeal. The yard is partially fenced, flat, and cleared, providing plenty of usable outdoor space. Centrally located near Route 12, Route 14, and I-395, with the Rhode Island border close by, you'll find shops, dining, and amenities just around the corner. Both sides are currently rented on a month-to-month basis, making this a flexible option for investors or buyers seeking future occupancy.

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