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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 24 Ferland Drive, Killingly, CT, 06241 listed at $225,000 pairs $1,552/mo rent with a $1,101/mo payment to leave $24/mo cash flow. Total monthly income runs $1,552/mo, and annual cash flow reaches $282/yr on $74,588 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 8.28% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 105.7% and total cumulative return in cash totals $78,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,552/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06241, Dayville, CT area.
| 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 |
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Laurie Hayes-Hagstrom • On The Move Realty, LLC
Mls Name: Smart MLS
Mls ID: #24112478
