12 Charlton AvenueKillinglyCT06241
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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 Killingly at 12 Charlton Avenue, Killingly, CT, 06241 uses $110,390 cash to close to unlock $592/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $2,312/mo, and a $1,630/mo payment keeps the spread at $49/mo. Purchase price stands at $333,000, and rental yield measures 8.33% with $2,312/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 106.54% and total cumulative return in cash records $117,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,312/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.75 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
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Listed by: Anna Sava • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24114169