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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 Willimantic at 123 Union St, Willimantic, CT, 06226 offers a 11.6% rental yield on a $250,000 purchase with $2,417/mo rent. Total monthly income registers $2,417/mo, and a $1,224/mo payment leaves $717/mo available for distribution. Annual cash flow reaches $8,598/yr on $82,875 to close, and return on cash invested stands at 30.28% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 159.32% and total cumulative return in cash at $132,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,417/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06226, Willimantic, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 2,466 (34.2%) |
| Renter Occupied HU | 4,124 (57.2%) |
| Vacant Housing Units | 625 ( 8.7%) |
| Median Home Value | $218,103 |
| Average Home Value | $247,750 |
Residential
6,865
Single Family
6,126
Multi-Family
739
Businesses
599
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $250,000 |
| 2024-03-20 | Sold | $229,900 |
| 2024-03-03 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $4468.00 | 52.80% | $120,570 | 95.48% |
| 2023-03-25 | $2924.00 | 1.53% | $61,680 | N/A |
| 2022-03-25 | $2880.00 | -6.80% | $61,680 | N/A |
What's Special
Walk-up
Listed by: Stephen Daly • LPT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081239
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.
