372 Pleasant 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 372 Pleasant Street, Willimantic, CT, 06226 listed at $415,000 pairs $3,370/mo rent with a $2,031/mo payment to leave $551/mo cash flow. Total monthly income runs $3,370/mo, and annual cash flow reaches $6,606/yr on $137,573 cash to close. Return on cash invested measures 24.71% in year one, and rental yield registers 9.74% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 129.39% and total cumulative return in cash totals $178,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,370/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
5,227 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: Jacob Essig • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24144074