270 South Windham Road Apt 61WillimanticCT06226
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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 270 South Windham Road Apt 61, Willimantic, CT, 06226 earns $711/mo cash flow from $1,927/mo rent with a $548/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $8,534/yr on $37,128 capital. ROI tracks 42.9% on current figures, and rental yield reads 20.65% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 232.3% and total cumulative return in cash sums $86,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$455 monthly 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: Jenny Dazy • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101669
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.