1415 North Road, Killingly, CT, 06241 | 7.37% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1415 North Road, Killingly, CT, 06241 | 7.37% Rental Yield | Ziffy

For Sale

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

Investment property for sale in Killingly at 1415 North Road, Killingly, CT, 06241 earns from $3,433/mo rent with a $2,736/mo payment. Total monthly income totals $3,433/mo. ROI tracks 17.68% on current figures, and rental yield reads 7.37% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 91.64% and total cumulative return in cash sums $168,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,433/mo property income instead of your personal income.

Single Family

Built in 1961

38 Acres lot

$N/A/sqft

No HOA

More details about the property

Killingly PRESTIGE LOCATION with 38 Acres on NORTH ROAD with BREATHTAKING VIEWS from this AMAZING property consisting of 38 Acres of land with a home, a POND and a shed. BRING YOUR FARM OR HORSES..GORGEOUS 1.5 ACRE POND spring fed in a picture like setting with a 1515sqft Ranch Style home with 3bedrms,2 full baths, 2 half baths, 3 FIREPLACES, 2 Car Garage, walkout basement partially finished NEWER heating system. Home needs to be completely remodeled. Beautiful Stonewalls surrounding the property. Sitting stunningly off the road with a large circular paved driveway. Beautiful front manicured lawn. Have your very own farm, compound, retreat or enjoy the serenity of everything this property has to offer or sell off some land for a smaller lot. Bring your animals, Horses, 4 wheelers. This property fits any and all hobbies. Build large garages for cars or storage. Endless possibilities...House needs work and property is selling as is. There is an Executor for the seller making all decisions. Looking for a quick closing. Seller will not make any repairs. All showings must accompany an agent. Please don't go on the property without an appointment. Home is lived in.

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