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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 200 Mechanic St, Killingly, CT, 06239 with 5% annual appreciation on a $285,000 basis while $2,301/mo rent supports operations. Total monthly income totals $2,301/mo and a $1,395/mo payment preserves $365/mo for cash returns. Annual cash flow comes to $4,374/yr on $94,478 deployed, and return on cash invested reaches 24.54% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.69%. Five-year ROI measures 128.48% and total cumulative return in cash totals $121,386.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,301/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
8,712 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 |
|---|---|---|
| 2021-10-07 | Sold | $206,000 |
| 2021-08-06 | Pending sale | $199,900 |
| 2021-08-06 | Contingent | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $3281.00 | 50.30% | $137,210 | 101.66% |
| 2023-05-06 | $2183.00 | 6.28% | $68,040 | N/A |
| 2022-05-06 | $2054.00 | N/A | $68,040 | N/A |
What's Special
Access Via Hatch
Listed by: Kara A. Mazzola • First Choice Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091490
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.
