4 Testa 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
Rental property for sale in Plainville at 4 Testa Drive, Plainville, CT, 06062 generates $1,920/mo in rent, after a $1,914/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 13.09% in year one, and rental yield is 5.89% on a $390,958 entry. Equity gained on principal adds $2,523/yr, while 5% annual appreciation builds toward $108,014 over five years. Five-year ROI reaches 67.08% and total cumulative return in cash sums $86,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.28 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: Maria Turczanik • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24115043