




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Killingly at 117 State Avenue, Killingly, CT, 06241 priced at $126,500 converts $2,393/mo rent into $1,494/mo cash flow after a $619/mo obligation. Total monthly income equals $2,393/mo, and annual cash flow totals $17,923/yr on $41,935 invested. Return on cash invested prints 62.65% in year one, and rental yield reads 22.7% against a $126,500 entry. Equity gained on principal adds $816/yr, while 5% annual appreciation compiles into $34,950 by year five. Five-year ROI reaches 333.28% and total cumulative return in cash sums $139,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,393/mo property income covering a $619/mo payment, not borrower’s personal income.
Single Family
Built in 1910
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06241, Dayville, CT area.
| 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 |
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
Date | Event | Price |
|---|---|---|
| 2025-09-24 | Sold | $126,500 |
| 2025-08-06 | Pending sale | $150,000 |
| 2025-07-29 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2732.00 | -0.15% | $124,010 | 31.72% |
| 2023-10-08 | $2736.00 | 6.67% | $94,150 | N/A |
| 2022-10-08 | $2565.00 | N/A | $94,150 | N/A |



What's Special
Access Via Hatch
Listed by: Ryan Braunagel • Keller Williams Realty Prtnrs.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105265
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.