2 Ann Street, Willimantic, CT, 06226 | 5.16% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Ann Street, Willimantic, CT, 06226 | 5.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Willimantic at 2 Ann Street, Willimantic, CT, 06226 priced at $499,900 pairs $2,150/mo rent with after a $2,447/mo payment. Total monthly income equals $2,150/mo. Return on cash invested is 10.88% in year one, and rental yield stands at 5.16% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 55.24% and total cumulative return in cash reaches $91,536. For financing, Ziffy Mortgage’s DSCR program evaluates $2,150/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1900

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Recently renovated, great income producing 4 family units property. Live in one unit while collecting rent for the property's expenses. Separate utilities! Each unit has 2 bedrooms, family room, living room and eat in kitchen. The town card shows each unit as 3 bedrooms. The family room can be used as such. This property is well maintained with plenty of off street parking space and a recently new front porch. The apartments are neatly kept. This Will Not Last!

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