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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 17 Hemlock Drive, Plainfield, CT, 06374 offers $2,040/mo rent that, after a $1,468/mo payment, leaves $2/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $26/yr on $99,417 cash. Return on cash invested measures 19.94% in year one, and rental yield stands at 8.16% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 103.81% and total cumulative return in cash reaches $103,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.73 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Susan P. Hermanson • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24098963
