29 Birchwood DriveKillinglyCT06241
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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
Investment Highlights
Investment property for sale in Killingly at 29 Birchwood Drive, Killingly, CT, 06241 uses $142,545 cash to close to unlock $3,876/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $3,245/mo, and a $2,105/mo payment keeps the spread at $323/mo. Purchase price stands at $430,000, and rental yield measures 9.06% with $3,245/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 118.21% and total cumulative return in cash records $168,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,245/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.46 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
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Listed by: Tina Keith • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103422
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.