21 Elm StreetPlantsvilleCT06479
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
Investment property for sale in Plantsville at 21 Elm Street, Plantsville, CT, 06479 uses $129,252 cash to close to unlock $3,518/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $2,942/mo, and a $1,908/mo payment keeps the spread at $293/mo. Purchase price stands at $389,900, and rental yield measures 9.05% with $2,942/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash records $152,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,942/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1924
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06479, Plantsville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,163 (100%) |
| Owner Occupied HU | 3,283 (78.9%) |
| Renter Occupied HU | 748 (18.0%) |
| Vacant Housing Units | 132 ( 3.2%) |
| Median Home Value | $416,419 |
| Average Home Value | $445,100 |
Housing Distribution
Address Breakdown
Residential
4,078
Single Family
4,063
Multi-Family
15
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosanne M. Vargo • Mooney Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097464
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.