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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Killingly at 12 Cove St, Killingly, CT, 06239 offers a 10.01% rental yield on a $399,900 purchase with $3,336/mo rent. Total monthly income registers $3,336/mo, and a $1,957/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,430/yr on $132,567 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 133.72% and total cumulative return in cash at $177,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,336/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
| 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 |
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
Date | Event | Price |
|---|---|---|
| 2023-03-03 | Sold | $330,000 |
| 2023-02-05 | Pending sale | $299,900 |
| 2023-02-05 | Contingent | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $4583.00 | 20.80% | $191,650 | 62.10% |
| 2023-04-15 | $3794.00 | 6.30% | $118,230 | N/A |
| 2022-04-15 | $3569.00 | N/A | $118,230 | N/A |
What's Special
None
Listed by: David Viveiros • Century 21 Limitless
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084503
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.
