10 Center StreetKillinglyCT06239
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
Rental property for sale in Killingly at 10 Center Street, Killingly, CT, 06239 generates $3,290/mo in rent and, after a $2,325/mo payment, leaves $63/mo in cash flow. Total monthly income is $3,290/mo, and annual cash flow is $750/yr on $157,463 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.31% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 106.19% and total cumulative return in cash sums $167,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,290/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,234 (100%) |
| Owner Occupied HU | 3,286 (62.8%) |
| Renter Occupied HU | 1,671 (31.9%) |
| Vacant Housing Units | 277 ( 5.3%) |
| Median Home Value | $314,831 |
| Average Home Value | $382,427 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy L. Brunet • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls ID: #24137287