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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% |
Rental property for sale in Windham at 241 Ballamahack Rd, Windham, CT, 06280 offers $2,818/mo rent that, after a $1,591/mo payment, leaves $610/mo cash flow. Total monthly income is $2,818/mo, and annual cash flow is $7,314/yr on $107,738 cash. Return on cash invested measures 26.7% in year one, and rental yield stands at 10.4% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 140.06% and total cumulative return in cash reaches $150,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,818/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06280, Windham, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 965 (71.5%) |
| Renter Occupied HU | 309 (22.9%) |
| Vacant Housing Units | 75 ( 5.6%) |
| Median Home Value | $276,880 |
| Average Home Value | $336,661 |
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| 2021-10-14 | Sold | $245,000 |
| 2021-09-29 | Contingent | $257,500 |
| 2021-09-15 | Listed for sale | $257,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $5509.00 | 21.58% | $184,320 | 57.89% |
| 2023-04-30 | $4531.00 | 2.65% | $116,740 | N/A |
| 2022-04-30 | $4414.00 | -2.22% | $116,740 | 1.92% |
What's Special
Partially Finished
Listed by: Sonja Perpignan • ERA Key Realty Services
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090798
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.
