150 Broad 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 150 Broad Street, Killingly, CT, 06239 priced at $499,000 pairs $3,968/mo rent with $578/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,968/mo, and annual cash flow comes to $6,935/yr on $165,419 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 9.54% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 126.11% and total cumulative return in cash reaches $208,602. For financing, Ziffy Mortgage’s DSCR program evaluates $3,968/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1895
0.43 Acres 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: Amy L. Brunet • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls ID: #24150533