17 Lake Plymouth BoulevardPlymouthCT06782
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plymouth at 17 Lake Plymouth Boulevard, Plymouth, CT, 06782 offers $3,446/mo rent that, after a $1,859/mo payment, leaves $841/mo cash flow. Total monthly income is $3,446/mo, and annual cash flow is $10,092/yr on $125,937 cash. Return on cash invested measures 27.92% in year one, and rental yield stands at 10.88% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 146.73% and total cumulative return in cash reaches $184,781. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,446/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
$290 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06782, Plymouth, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 834 (84.2%) |
| Renter Occupied HU | 89 ( 9.0%) |
| Vacant Housing Units | 67 ( 6.8%) |
| Median Home Value | $311,382 |
| Average Home Value | $322,662 |
Housing Distribution
Address Breakdown
Residential
846
Single Family
846
Multi-Family
0
Businesses
47
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Nearby investment properties with comparable prices
Listed by: Akenmisire Musa • The Agency
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127592
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.