95 Lauter AvenueWillimanticCT06226
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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 95 Lauter Avenue, Willimantic, CT, 06226 uses $106,455 cash to close to unlock $2,624/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,572/mo payment keeps the spread at $219/mo. Purchase price stands at $321,130, and rental yield measures 9.28% with $2,484/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $88,722 over five years. Five-year ROI reaches 117.2% and total cumulative return in cash records $124,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,572/mo payment rather than investor’s personal income.
Single Family
Built in 1956
10,454 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: Jerome M. Zolobkowski • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102863
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.