8 Timber Hill RdPlainvilleCT06062
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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
Investment property for sale in Plainville at 8 Timber Hill Rd, Plainville, CT, 06062 with 5% annual appreciation on a $319,900 basis while $2,533/mo rent supports operations. Total monthly income totals $2,533/mo and a $1,566/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,310/yr on $106,047 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.5%. Five-year ROI measures 125.46% and total cumulative return in cash totals $133,052.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,533/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06062, Plainville, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,952
Single Family
7,474
Multi-Family
478
Businesses
880
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Listed by: Annie Gura • Coldwell Banker Premier Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095548
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.