








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Willimantic at 74 Windham St, Willimantic, CT, 06226 listed at $380,000 pairs $2,066/mo rent with a $1,860/mo payment. Total monthly income runs $2,066/mo. Return on cash invested measures 14.78% in year one, and rental yield registers 6.52% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 76.22% and total cumulative return in cash totals $96,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,066/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1892
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06226, Willimantic, CT area.
| 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 |
Residential
6,865
Single Family
6,126
Multi-Family
739
Businesses
599
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $380,000 |
| 2022-09-22 | Sold | $270,000 |
| 2022-09-21 | Contingent | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $7035.00 | 35.78% | $189,830 | 73.66% |
| 2023-03-26 | $5181.00 | 1.49% | $109,310 | N/A |
| 2022-03-26 | $5105.00 | -6.76% | $109,310 | N/A |



What's Special
Storage,Partially Finished,Walk-up
Listed by: MC Team at eXp Realty • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082299
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.