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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% |
Investment property for sale in Plainville at 50 Pierce St APT 39, Plainville, CT, 06062 at $229,000 posts ROI 18.58% with from $1,657/mo rent. Total monthly income equals $1,657/mo. Return on cash invested measures 18.58% and rental yield reads 8.68% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 97.55% and total cumulative return in cash totals $74,057. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,657/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
N/A lot
$N/A/sqft
$185 monthly HOA
Neighborhood data shown for ZIP Code: 06062, Plainville, CT area.
| 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 |
Residential
7,952
Single Family
7,474
Multi-Family
478
Businesses
880
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $229,000 |
| 2002-05-01 | Sold | $84,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $2493.00 | 3.32% | $76,790 | N/A |
| 2023-04-02 | $2413.00 | 2.55% | $76,790 | N/A |
| 2022-04-02 | $2353.00 | -3.01% | $76,790 | 9.37% |
What's Special
Pull Down Stairs
Listed by: Laura Filanda • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081534
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.
