239 Main Street, Killingly, CT, 06239 | 6.48% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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239 Main Street, Killingly, CT, 06239 | 6.48% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

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

Investment property for sale in Killingly at 239 Main Street, Killingly, CT, 06239 at $369,900 posts ROI 14.87% with from $1,998/mo rent. Total monthly income equals $1,998/mo. Return on cash invested measures 14.87% and rental yield reads 6.48% at the current $369,900. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 by year five. Five-year ROI prints 76.64% and total cumulative return in cash totals $93,982. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Multi Family

Built in 1820

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

INVESTORS LOOK! One of a kind FABULOUS Mixed Use/ Residential Building with OFFICES, APARTMENTS and VISIBILITY for your Business right on Main Street! CITY WATER, SEWER and GAS! Building features a 1 Bedroom Apartment with private entrance, another PRIVATE office, as well as 3 offices with a shared sitting area and storage area and full bathroom. There is also an unfinished room upstairs that is plumbed for a kitchen could be 4 more offices OR finish it off for a 2 bedroom apartment with LAUNDRY! Off Street Parking for 5 spots. 2021 Roof $30,000 with new shingles,underlayment and ridge vent , $6000 Furnace and Hot Water Heater. NEW 2021 ELECTRICAL SERVICE (200 amps) Plumbing, METER, BRAND NEW 2025 -$30,000 replacement windows and exterior doors!! NEW BLOWN in insulation too! MAKE your own RENT and LEASES! Close to 395, Rhode Island and Mass line! Ask about the hard Money Lender that can close in a week!

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