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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 251 Slater Hill Rd, Killingly, CT, 06241 with 5% annual appreciation on a $385,000 basis while $3,280/mo rent supports operations. Total monthly income totals $3,280/mo and a $1,884/mo payment preserves $665/mo for cash returns. Annual cash flow comes to $7,974/yr on $127,628 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 10.22%. Five-year ROI measures 137.16% and total cumulative return in cash totals $175,054.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,280/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
1.70 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 |
|---|---|---|
| 2025-04-08 | Listed for sale | $385,000 |
| 2020-12-04 | Sold | $227,700 |
| 1989-05-15 | Sold | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $4090.00 | 7.60% | $184,000 | 39.76% |
| 2023-04-13 | $3801.00 | 6.41% | $131,650 | -0.70% |
| 2022-04-13 | $3572.00 | N/A | $132,580 | N/A |
What's Special
Access Via Hatch
Listed by: Skyla Gagnon • RE/MAX Bell Park Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086724
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.
