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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% |
Rental property for sale in Killingly at 240 Green Hollow Rd, Killingly, CT, 06239 priced at $609,000 converts $1,554/mo rent into after a $2,981/mo obligation. Total monthly income equals $1,554/mo. Return on cash invested prints 4.58% in year one, and rental yield reads 3.06% against a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation compiles into $168,255 by year five. Five-year ROI reaches 21.42% and total cumulative return in cash sums $42,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $2,981/mo payment, not borrower’s personal income.
Single Family
Built in 1792
3.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
| 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 |
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
Date | Event | Price |
|---|---|---|
| 2022-07-06 | Sold | $525,000 |
| 2022-05-20 | Listed for sale | $459,900 |
| 2020-04-03 | Sold | $367,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $7433.00 | 16.25% | $336,200 | 52.86% |
| 2023-03-27 | $6394.00 | 6.37% | $219,940 | N/A |
| 2022-03-27 | $6011.00 | -1.43% | $219,940 | -1.75% |
What's Special
Walk-up
Listed by: Valerie L. Macneil • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24071866
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
