123 Cobblestone DrivePlantsvilleCT06479
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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
Rental property for sale in Plantsville at 123 Cobblestone Drive, Plantsville, CT, 06479 priced at $805,000 converts $4,921/mo rent into after a $3,940/mo obligation. Total monthly income equals $4,921/mo. Return on cash invested prints 17.58% in year one, and rental yield reads 7.34% against a $805,000 entry. Equity gained on principal adds $5,195/yr, while 5% annual appreciation compiles into $222,407 by year five. Five-year ROI reaches 91.09% and total cumulative return in cash sums $241,253. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,921/mo property income covering a $3,940/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.52 Acres 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: Louis Roy Evjen • Evjen Agency
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095322
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.