251 Jackson StreetWillimanticCT06226
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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
Investment property for sale in Willimantic at 251 Jackson Street, Willimantic, CT, 06226 listed at $489,999 pairs $2,067/mo rent with a $2,398/mo payment. Total monthly income runs $2,067/mo. Return on cash invested measures 10.59% in year one, and rental yield registers 5.06% at a $489,999 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 53.63% and total cumulative return in cash totals $87,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,067/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
8,712 sqft 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: Robyn Letourneau • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101711
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