140 Hilltop RoadPlainvilleCT06062
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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 140 Hilltop Road, Plainville, CT, 06062 offers a 10.04% rental yield on a $314,900 purchase with $2,635/mo rent. Total monthly income registers $2,635/mo, and a $1,541/mo payment leaves $496/mo available for distribution. Annual cash flow reaches $5,948/yr on $104,389 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $2,032/yr while 5% annual appreciation supports $87,001 over five years. Portfolio math shows five-year ROI at 134.2% and total cumulative return in cash at $140,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,635/mo property income against a $1,541/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.32 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: Sherry L. Davenport • Putnam Agency Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24104823