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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 Chaplin at 188 Willimantic Rd, Chaplin, CT, 06235 with 5% annual appreciation on a $289,500 basis while $1,680/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,868/yr, and five-year appreciation sums $79,984 alongside rental yield of 6.96%. Five-year ROI measures 84.39% and total cumulative return in cash totals $80,991. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $1,417/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06235, Chaplin, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 909 (100%) |
| Owner Occupied HU | 718 (79.0%) |
| Renter Occupied HU | 140 (15.4%) |
| Vacant Housing Units | 51 ( 5.6%) |
| Median Home Value | $349,524 |
| Average Home Value | $380,167 |
Residential
863
Single Family
863
Multi-Family
0
Businesses
50
Date | Event | Price |
|---|---|---|
| 2025-03-03 | Listed for sale | $289,500 |
| 2020-03-17 | Sold | $156,250 |
| 2020-02-04 | Pending sale | $177,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | $3612.00 | 20.96% | $120,600 | 43.40% |
| 2023-03-04 | $2986.00 | 2.93% | $84,100 | N/A |
| 2022-03-04 | $2901.00 | 6.15% | $84,100 | N/A |
What's Special
Pull Down Stairs
Listed by: Scott D. Sasinouski • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077738
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.
