




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Willimantic at 185 High St, Willimantic, CT, 06226 offers $2,143/mo rent that, after a $1,713/mo payment. Total monthly income is $2,143/mo. Return on cash invested measures 17.18% in year one, and rental yield stands at 7.35% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 89.14% and total cumulative return in cash reaches $103,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,143/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.27 Acres 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $349,900 |
| 2021-09-15 | Listing removed | N/A |
| 2021-08-24 | Price change | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $6573.00 | 11.71% | $177,370 | 42.89% |
| 2023-04-04 | $5884.00 | 1.50% | $124,130 | N/A |
| 2022-04-04 | $5797.00 | -6.77% | $124,130 | N/A |



What's Special
None
Listed by: Team Rio of Executive Real Estate • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084703
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.