24 Blumenthal Drive, Killingly, CT, 06241 | 7.68% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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24 Blumenthal Drive, Killingly, CT, 06241 | 7.68% Rental Yield | 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 24 Blumenthal Drive, Killingly, CT, 06241 priced at $400,000 pairs $2,561/mo rent with after a $1,958/mo payment. Total monthly income equals $2,561/mo. Return on cash invested is 18.49% in year one, and rental yield stands at 7.68% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 96% and total cumulative return in cash reaches $127,300. For financing, Ziffy Mortgage’s DSCR program evaluates $2,561/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1971

1.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming ranch home offering convenience, comfort, and additional frontage with a second tract of land (buyer and buyer's agent to perform due diligence regarding potential use). This turnkey, move-in ready property features 3 bedrooms and 1.5 bathrooms and a 2 car garage. The primary bedroom offers hardwood floors and a private half bath, while two additional bedrooms also have hardwood flooring. The full bathroom in the hallway includes washer/dryer, a tiled floor, tub, and ample countertop space. The bright kitchen boasts white tile flooring and backsplash, plentiful cabinetry with ample storage and workspace, a peninsula, and appliances including refrigerator, oven/range, range hood, and dishwasher. The dining area opens to a welcoming living room with carpeting and a fireplace. The lower level features a potbelly stove and an additional fireplace, providing great potential for expansion or extra storage. Outside, enjoy a beautifully landscaped yard with low-maintenance shrubs, a paved driveway from Blumenthal Drive, and a second gravel driveway from Dog Hill Road. A two-car garage sits just steps from the kitchen for easy access. The back deck, with built-in seating and a table, is perfect for entertaining. All furniture is included, making this a true turnkey opportunity. Ideally situated near shopping, dining, and major routes for easy access in every direction with easy access to Route 101 to Rhode Island and I-395.

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