129 Valley StreetWillimanticCT06226
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
Investment property for sale in Willimantic at 129 Valley Street, Willimantic, CT, 06226 with 5% annual appreciation on a $355,000 basis while $3,370/mo rent supports operations. Total monthly income totals $3,370/mo and a $1,738/mo payment preserves $958/mo for cash returns. Annual cash flow comes to $11,490/yr on $117,683 deployed, and return on cash invested reaches 29.67% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 11.39%. Five-year ROI measures 156% and total cumulative return in cash totals $183,588.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,370/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1870
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06226, Willimantic, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,865
Single Family
6,126
Multi-Family
739
Businesses
599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle West • eXp Realty
Mls Name: Smart MLS
Mls ID: #24138836