23 Bel Aire DrivePlainvilleCT06062
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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
Investment Highlights
Investment property for sale in Plainville at 23 Bel Aire Drive, Plainville, CT, 06062 earns $235/mo cash flow from $2,878/mo rent with a $1,904/mo payment. Total monthly income totals $2,878/mo, and annual cash flow totals $2,819/yr on $128,954 capital. ROI tracks 22.09% on current figures, and rental yield reads 8.88% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash sums $148,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,878/mo property income instead of your personal income.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,952
Single Family
7,474
Multi-Family
478
Businesses
880
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Listed by: Anthony D'Amore • eXp Realty
Mls Name: Smart MLS
Mls ID: #24129565