16 Metacomet Road, Plainville, CT, 06062 | $829/mo Cash Flow

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16 Metacomet Road, Plainville, CT, 06062 | $829/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Plainville at 16 Metacomet Road, Plainville, CT, 06062 earns $829/mo cash flow from $3,546/mo rent with a $1,957/mo payment. Total monthly income totals $3,546/mo, and annual cash flow totals $9,950/yr on $132,567 capital. ROI tracks 27.41% on current figures, and rental yield reads 10.64% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 143.92% and total cumulative return in cash sums $190,784. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,546/mo property income instead of your personal income.

Single Family

Built in 1970

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

A Classic Home with Character! Enjoy a huge family room with cathedral ceilings and a wood-burning fireplace. Hardwood floors are ready to be unveiled in all bedrooms upstairs (under carpet) and throughout the main living and dining rooms. The second floor features four bedrooms, including a primary suite with a vaulted ceiling and full bath. The light-filled sunroom connects the eat-in kitchen to the back patio and a massive two-car garage. With a newer roof and a lovely circular driveway, this home is ready for its next chapter!

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