235 South Windham RoadWillimanticCT06226
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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
Investment Highlights
Rental property for sale in Willimantic at 235 South Windham Road, Willimantic, CT, 06226 priced at $199,900 converts $1,516/mo rent into $158/mo cash flow after a $978/mo obligation. Total monthly income equals $1,516/mo, and annual cash flow totals $1,898/yr on $66,267 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 9.1% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 119.06% and total cumulative return in cash sums $78,901. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,516/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6.20 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
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Listed by: Anthony D'Amore • eXp Realty
Mls Name: Smart MLS
Mls ID: #24149873