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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plainfield at 45 Main Street APT 202, Plainfield, CT, 06374 generates $840/mo in rent, after a $1,028/mo payment. Total monthly income is $840/mo. Return on cash invested sits at 3.58% in year one, and rental yield is 4.8% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 18.33% and total cumulative return in cash sums $12,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 06374, Plainfield, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,400 (100%) |
| Owner Occupied HU | 2,439 (71.7%) |
| Renter Occupied HU | 809 (23.8%) |
| Vacant Housing Units | 152 ( 4.5%) |
| Median Home Value | $322,482 |
| Average Home Value | $354,613 |
Residential
3,166
Single Family
2,874
Multi-Family
292
Businesses
240
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Listed for sale | $210,000 |
| 2025-05-28 | Listing removed | $210,000 |
| 2025-04-28 | Pending sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-29 | $2172.00 | 1.45% | $92,830 | N/A |
| 2023-07-29 | $2141.00 | -25.56% | $92,830 | N/A |
| 2022-07-29 | $2876.00 | 115.27% | $92,830 | 117.35% |
What's Special
None
Listed by: Deanna Tighe • Mott & Chace Sotheby's Intl Rt
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111942
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.
