1264 Hartford PikeKillinglyCT06241
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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 1264 Hartford Pike, Killingly, CT, 06241 earns $1,204/mo cash flow from $3,222/mo rent with a $1,454/mo payment. Total monthly income totals $3,222/mo, and annual cash flow totals $14,444/yr on $98,456 capital. ROI tracks 34.58% on current figures, and rental yield reads 13.02% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 182.31% and total cumulative return in cash sums $179,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,222/mo property income instead of your personal income.
Single Family
Built in 1880
0.58 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: Tina M. Lajoie • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102157
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.