103 Milldale AvenuePlantsvilleCT06479
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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
Investment property for sale in Plantsville at 103 Milldale Avenue, Plantsville, CT, 06479 listed at $350,000 pairs $2,538/mo rent with a $1,713/mo payment to leave $160/mo cash flow. Total monthly income runs $2,538/mo, and annual cash flow reaches $1,920/yr on $116,025 cash to close. Return on cash invested measures 21.56% in year one, and rental yield registers 8.7% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 112.5% and total cumulative return in cash totals $130,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,538/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06479, Plantsville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,163 (100%) |
| Owner Occupied HU | 3,283 (78.9%) |
| Renter Occupied HU | 748 (18.0%) |
| Vacant Housing Units | 132 ( 3.2%) |
| Median Home Value | $416,419 |
| Average Home Value | $445,100 |
Housing Distribution
Address Breakdown
Residential
4,078
Single Family
4,063
Multi-Family
15
Businesses
338
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Listed by: Lisa L. Olson • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24125418