80 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 80 Old Plains Road, Willimantic, CT, 06226 at $219,000 posts ROI 21.13% with $74/mo cash flow from $1,562/mo rent. Total monthly income equals $1,562/mo, and annual cash flow records $887/yr on $72,599 to close. Return on cash invested measures 21.13% and rental yield reads 8.56% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 110.18% and total cumulative return in cash totals $79,989.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,562/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
7,840 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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Nearby investment properties with comparable prices
Listed by: Justin Marino • Marino Realty LLC
Mls Name: Smart MLS
Mls ID: #24137910