11 Strong CourtPlainvilleCT06062
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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 Plainville at 11 Strong Court, Plainville, CT, 06062 listed at $401,000 pairs $2,928/mo rent with a $1,963/mo payment to leave $203/mo cash flow. Total monthly income runs $2,928/mo, and annual cash flow reaches $2,437/yr on $132,932 cash to close. Return on cash invested measures 21.74% in year one, and rental yield registers 8.76% at a $401,000 basis. Equity gained on principal adds $2,588/yr, and annual property appreciation at 5% supports $110,789 by year five. Five-year ROI tracks 113.49% and total cumulative return in cash totals $150,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,928/mo property income relative to a $1,963/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06062, Plainville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,159 (100%) |
| Owner Occupied HU | 5,545 (68.0%) |
| Renter Occupied HU | 2,317 (28.4%) |
| Vacant Housing Units | 297 ( 3.6%) |
| Median Home Value | $334,254 |
| Average Home Value | $369,954 |
Housing Distribution
Address Breakdown
Residential
7,952
Single Family
7,474
Multi-Family
478
Businesses
880
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Listed by: Wynne Lord • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078120
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.