23 Birchwood Drive, Killingly, CT, 06241 | $1,056/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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23 Birchwood Drive, Killingly, CT, 06241 | $1,056/mo Cash Flow | 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

Rental property for sale in Killingly at 23 Birchwood Drive, Killingly, CT, 06241 priced at $499,000 converts $4,446/mo rent into $1,056/mo cash flow after a $2,442/mo obligation. Total monthly income equals $4,446/mo, and annual cash flow totals $12,671/yr on $165,419 invested. Return on cash invested prints 27.57% in year one, and rental yield reads 10.69% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 144.71% and total cumulative return in cash sums $239,370. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,446/mo property income covering a $2,442/mo payment, not borrower’s personal income.

Single Family

Built in 1986

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Incredible home located in the desirable Zadora Heights with so much to offer! Many upgrades have been made recently. This home boasts in law ability with a full bath including laundry, functional & updated fireplace and stunning family room with sliders to outdoor patio in lower level. Natural light floods the space! Mechanicals tucked neatly away in utility/storage room. First floor invite you in through new front door, showcasing gorgeous hardwood floors and new Pella windows. Spacious living room opens to dining room, perfect for conversation while entertaining. Bright kitchen with 2 year old appliances, granite countertops, tiled floor, sliders to deck and eat in area. Half bath on first floor updated. 2 car garage with space for work area or storage aside the generous parking space. Mini splits have been added in the home for the ultimate efficiency. Second floor presents all new hardwood flooring. Bedrooms are nicely sized and share a remodeled full bath. Primary has lovely balcony for morning coffee or evening relaxation, 2 closets and full bath. Above ground pool and outside deck has much space for your outdoor enjoyment. New 12x10 shed has been added. Professionally landscape grounds offer beautiful plantings and curb appeal. Conveniently located to town amenities and major routes all while enjoying a peaceful, neighborhood setting. Buyer/Buyers agent to verify all info. Subject to seller finding suitable housing. See attachments for full update sheet and items that will convey if buyer chooses. Professional photo's coming soon!

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