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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plainfield at 15 Stanmark Drive, Plainfield, CT, 06374 offers $2,663/mo rent that, after a $1,835/mo payment, leaves $116/mo cash flow. Total monthly income is $2,663/mo, and annual cash flow is $1,386/yr on $124,313 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 8.52% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 109.63% and total cumulative return in cash reaches $136,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,663/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06374, Plainfield, CT area.
| 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 |
Residential
3,166
Single Family
2,874
Multi-Family
292
Businesses
240
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $375,000 |
| 2022-09-20 | Sold | $340,000 |
| 2022-08-23 | Pending sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $4968.00 | 0.49% | $222,500 | N/A |
| 2023-06-03 | $4944.00 | -34.82% | $222,500 | -12.20% |
| 2022-06-03 | $7585.00 | 59.15% | $253,430 | 60.21% |
What's Special
Access Via Hatch
Listed by: Brandi Kenny • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099933
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.
