3 Ferland Drive, Killingly, CT, 06241 | $671/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Ferland Drive, Killingly, CT, 06241 | $671/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Killingly at 3 Ferland Drive, Killingly, CT, 06241 offers $2,702/mo rent that, after a $1,463/mo payment, leaves $671/mo cash flow. Total monthly income is $2,702/mo, and annual cash flow is $8,051/yr on $99,119 cash. Return on cash invested measures 28.03% in year one, and rental yield stands at 10.84% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 147.19% and total cumulative return in cash reaches $145,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,702/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1963

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 3-bedroom Cape situated on a desirable corner lot! This home features hardwood floors, central A/C, and a bright office perfect for remote work. Enjoy the convenience of a newer metal roof, a new oil tank, and a partially finished basement. This home offers great future potential. A cozy side porch adds extra outdoor space. Located close to all local amenities, this property combines comfort, updates, and unbeatable convenience. A must-see!

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