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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 Plainfield at 75 Academy Hill Road, Plainfield, CT, 06374 with 5% annual appreciation on a $359,900 basis while $2,040/mo rent supports operations. 83% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 6.8%. Five-year ROI measures 81.77% and total cumulative return in cash totals $97,562. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.64 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2023-12-14 | Listing removed | N/A |
| 2023-10-29 | Price change | $312,500 |
| 2023-10-16 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-24 | $3914.00 | 0.49% | $175,290 | N/A |
| 2023-09-24 | $3895.00 | -21.09% | $175,290 | 6.28% |
| 2022-09-24 | $4936.00 | 55.76% | $164,930 | 56.82% |
What's Special
None
Listed by: Mary Beth E. Malin • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127941
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.
