24 Cody AvenuePlainvilleCT06062
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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 24 Cody Avenue, Plainville, CT, 06062 with 5% annual appreciation on a $450,000 basis while $2,758/mo rent supports operations. 5% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 7.35%. Five-year ROI measures 90.69% and total cumulative return in cash totals $135,282. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,758/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.27 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: Kathy Veneziano • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090139
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.