239 Main StreetKillinglyCT06239
Nearby investment properties with comparable rents
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
Investment property for sale in Killingly at 239 Main Street, Killingly, CT, 06239 at $369,900 posts ROI 35.12% with $1,554/mo cash flow from $4,067/mo rent. Total monthly income equals $4,067/mo, and annual cash flow records $18,650/yr on $122,622 to close. Return on cash invested measures 35.12% and rental yield reads 13.19% 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 185.22% and total cumulative return in cash totals $227,122.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,067/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
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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Nearby investment properties with comparable prices
Listed by: Christine Johnson • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24145396