6 Old Plains RoadWillimanticCT06226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6 Old Plains Road, Willimantic, CT, 06226 at $280,000 posts ROI 20.72% with $63/mo cash flow from $1,965/mo rent. Total monthly income equals $1,965/mo, and annual cash flow records $756/yr on $92,820 to close. Return on cash invested measures 20.72% and rental yield reads 8.42% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 108% and total cumulative return in cash totals $100,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,965/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1830
0.38 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Androula Kazantzis • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24121865