14 Walnut StreetKillinglyCT06239
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Nearby investment properties with comparable prices
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
Rental property for sale in Killingly at 14 Walnut Street, Killingly, CT, 06239 offers $2,708/mo rent that, after a $1,492/mo payment, leaves $637/mo cash flow. Total monthly income is $2,708/mo, and annual cash flow is $7,640/yr on $101,074 cash. Return on cash invested measures 27.47% in year one, and rental yield stands at 10.66% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 144.17% and total cumulative return in cash reaches $145,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,708/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
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Listed by: Kevin J. Paradis • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24122209