14 Walnut Street, Killingly, CT, 06239 | $637/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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14 Walnut Street, Killingly, CT, 06239 | $637/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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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

More details about the property

JUST LISTED. Great starter home or for someone looking to downsize. No HOA fees here, better than condo living. This two bedroom, two full bath Ranch stlye home has hardwood flooring in bedrooms and Living room. Kitchen with granite counter tops, propane stove, other appliances and tiled flooring. Partially finished lower level with full bath and another room for storage and utilities. Small inviting front porch and fenced in level rear yard. Located near schools, senior living community, small airport and restaurants.

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