26 Palmer StKillinglyCT06239
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 26 Palmer St, Killingly, CT, 06239 uses $91,129 cash to close to unlock $728/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $1,346/mo payment keeps the spread at $61/mo. Purchase price stands at $274,900, and rental yield measures 8.42% with $1,928/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 107.92% and total cumulative return in cash records $98,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11469212