1067 North Main Street, Killingly, CT, 06241 | $67/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1067 North Main Street, Killingly, CT, 06241 | $67/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Killingly at 1067 North Main Street, Killingly, CT, 06241 listed at $219,900 pairs $1,561/mo rent with a $1,076/mo payment to leave $67/mo cash flow. Total monthly income runs $1,561/mo, and annual cash flow reaches $806/yr on $72,897 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 8.52% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 109.62% and total cumulative return in cash totals $79,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,561/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1929

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

MULTIPLE OFFERS: Highest & Best Due Sunday 12-7-25 at Noon. Beautifully Renovated Home at an Incredible Value! Why keep renting when you can own? This fully renovated 3-bedroom, 1-bathroom home offers clean, safe, and comfortable living with modern updates throughout. Enjoy spacious bedrooms, an updated kitchen and bathroom, hardwood floors, and a large private yard perfect for relaxing or entertaining. Major improvements include a young roof, new hot water tank, new well pump, and an updated heating system, giving you peace of mind for years to come. Located within walking distance to shopping outlets, restaurants, and major highways, this home makes commuting and everyday convenience a breeze. Though currently used as a single-family residence, the property is zoned GC (General Commercial), offering unique potential for business use-an excellent opportunity for homeowners, investors, or entrepreneurs. Additional Notes: - Seller has never occupied the property. Buyer to perform all due diligence. - Will not qualify for FHA financing until January 6, 2026 due to the 90-day flip rule. Homes like this don't come along often- Act Fast!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06241, Dayville, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,134 (100%)
Owner Occupied HU	2,152 (68.7%)
Renter Occupied HU	621 (19.8%)
Vacant Housing Units	361 (11.5%)
Median Home Value	$381,858
Average Home Value	$391,199