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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Killingly at 199 Mechanic Street, Killingly, CT, 06239 with 5% annual appreciation on a $295,000 basis while $1,554/mo rent supports operations. 38% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 6.32%. Five-year ROI measures 74.01% and total cumulative return in cash totals $72,374. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,554/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
| 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 |
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
Date | Event | Price |
|---|---|---|
| 2021-11-06 | Listing removed | N/A |
| 2021-11-03 | Listed for sale | $165,000 |
| 2004-06-04 | Sold | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $2855.00 | 43.11% | $119,400 | 92.08% |
| 2023-06-17 | $1995.00 | 6.29% | $62,160 | N/A |
| 2022-06-17 | $1877.00 | N/A | $62,160 | N/A |
What's Special
Access Via Hatch
Listed by: Heather Ash Spadola • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096787
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
