295 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 295 Jackson Street, Willimantic, CT, 06226 earns $1,128/mo cash flow from $3,370/mo rent with a $1,615/mo payment. Total monthly income totals $3,370/mo, and annual cash flow totals $13,538/yr on $109,362 capital. ROI tracks 32.29% on current figures, and rental yield reads 12.26% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 170.05% and total cumulative return in cash sums $185,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,370/mo property income instead of your personal income.
Multi Family
Built in 1925
10,018 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: Michelle Garabedian • Home Selling Team
Mls Name: Smart MLS
Mls ID: #24137503