The voltage should cycle back and forth from about .2 to .8 v fairly rapidly (every couple seconds maybe). These are approximate numbers as it's the result of the ECU adjusting mixture. If it just stays on one value, and it's hot, it's dead.
When cold, the ECU puts out a pre-programmed amount of fuel since it knows the pressure is constant from the regulator, and knows the injector, throttle position, engine speed. It also shuts off the injector when you press the pedal to the floor on start. You said that got it to run, although roughly. It does this so you can clear a flooded condition.
My estimate is that it is getting more fuel than it needs, and when you get it to shut off the injector, there's enough to make it start without the injector on. However, when it starts, you can't keep the injector off, so the preset fuel amount, plus the leak, make it run rough and rich. That fouls plugs too, which will make it worse.
The leak theory is almost certain with the fact that you can disconnect the injector and it still runs!!
So, look for fuel leaks in the path of a vacuum or intake path. That would be - leaky injector, leaky o-rings on the supply side of the injector (TBI model only), or pressure regulator (either model). See my note a few above on finding the TBI regulator.
Not sure how easy it is to loosen your TB, but try this. loosen the base bolts and remove the bolts. Lift enough to slide a piece of paper under it. Do this if you haven't tried starting in a while. Slide the paper under it so it covers the whole air path. Turn the key to run (NOT start), wait a few seconds, turn it off and do it again, etc, about 4 or 5 times. Don't crank it! Wait a minute and go pull the paper out. It should be dry. My guess is you'll have a big gas spot on it proving a leak. That should verify an o-ring or injector leak. The regulator is tougher since it's ports are inside the TB, but if they are bad enough it may show there too.
Then you'll have it narrowed down.:clap: