15 Colonial DriveKillingworthCT06419
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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 Killingworth at 15 Colonial Drive, Killingworth, CT, 06419 offers a 0% rental yield on a $595,000 purchase with $0/mo rent. 72% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06419, Killingworth, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,624 (100%) |
| Owner Occupied HU | 2,368 (90.2%) |
| Renter Occupied HU | 124 ( 4.7%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $562,422 |
| Average Home Value | $672,779 |
Housing Distribution
Address Breakdown
Residential
2,590
Single Family
2,590
Multi-Family
0
Businesses
117
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Listed by: Laurie Trulock • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24128236