59 River Crest Dr UNIT 59PlantsvilleCT06479
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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
Total monthly income runs $2,040/mo, and a $1,521/mo payment. Purchase price stands at $310,752, and rental yield measures 7.88% with $2,040/mo rent. Return on cash invested shows 16.78% in year one, and 5% annual appreciation builds toward $85,855 over five years. Five-year ROI reaches 87.71% and total cumulative return in cash records $90,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,521/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06479, Plantsville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,163 (100%) |
| Owner Occupied HU | 3,283 (78.9%) |
| Renter Occupied HU | 748 (18.0%) |
| Vacant Housing Units | 132 ( 3.2%) |
| Median Home Value | $416,419 |
| Average Home Value | $445,100 |
Housing Distribution
Address Breakdown
Residential
4,078
Single Family
4,063
Multi-Family
15
Businesses
338
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Listed by: Mary Joyce Cantone • Joyce Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084428
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.