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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 29 Pineville Rd, Killingly, CT, 06241 offers $2,240/mo rent that, after a $2,202/mo payment. Total monthly income is $2,240/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 5.97% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 68.41% and total cumulative return in cash reaches $102,034. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,240/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
1.40 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 |
|---|---|---|
| 2021-12-29 | Sold | $320,000 |
| 2021-11-11 | Pending sale | $319,900 |
| 2021-10-04 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $5104.00 | 48.11% | $227,670 | 94.91% |
| 2023-03-26 | $3446.00 | 5.48% | $116,810 | -0.72% |
| 2022-03-26 | $3267.00 | -16.59% | $117,660 | -16.62% |
What's Special
Crawl Space,Access Via Hatch
Listed by: Patrick C. Farley • Statewide Premier Prop. LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081973
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.
