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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 3 Arnold Lane, Killingly, CT, 06241 with 5% annual appreciation on a $360,000 basis while $2,408/mo rent supports operations. 53% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 8.03%. Five-year ROI measures 101.58% and total cumulative return in cash totals $121,221. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,408/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
N/A 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 |
|---|---|---|
| 2025-10-01 | Sold | $360,000 |
| 2025-08-11 | Pending sale | $369,900 |
| 2025-07-17 | Price change | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $2886.00 | 65.96% | $130,990 | 118.86% |
| 2023-10-25 | $1739.00 | 6.69% | $59,850 | N/A |
| 2022-10-25 | $1630.00 | N/A | $59,850 | N/A |
What's Special
None
Listed by: Katie Spenard • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084042
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.
