8 Plains RdMoodusCT06469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Moodus at 8 Plains Rd, Moodus, CT, 06469 priced at $179,000 pairs $1,428/mo rent with $212/mo cash flow after a $876/mo payment. Total monthly income equals $1,428/mo, and annual cash flow comes to $2,543/yr on $59,339 invested. Return on cash invested is 24.19% in year one, and rental yield stands at 9.57% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 126.62% and total cumulative return in cash reaches $75,135. For financing, Ziffy Mortgage’s DSCR program evaluates $1,428/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06469, Moodus, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,125 (74.1%) |
| Renter Occupied HU | 309 (20.3%) |
| Vacant Housing Units | 85 ( 5.6%) |
| Median Home Value | $368,997 |
| Average Home Value | $496,978 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
1,290
Multi-Family
0
Businesses
110
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Listed by: Dee Hasuly • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084394
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.