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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 305 Pratt Rd, Killingly, CT, 06241 listed at $350,000 pairs $3,360/mo rent with a $1,713/mo payment to leave $982/mo cash flow. Total monthly income runs $3,360/mo, and annual cash flow reaches $11,784/yr on $116,025 cash to close. Return on cash invested measures 30.07% in year one, and rental yield registers 11.52% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 158.09% and total cumulative return in cash totals $183,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
6.10 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $350,000 |
| 2020-01-24 | Sold | $150,000 |
| 2019-11-25 | Listed for sale | $144,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $4087.00 | -3.61% | $183,830 | 25.17% |
| 2023-03-29 | $4240.00 | 7.18% | $146,860 | N/A |
| 2022-03-29 | $3956.00 | N/A | $146,860 | N/A |
What's Special
Access Via Hatch
Listed by: Anita L. Sherman • Spaulding Realty Group, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082551
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.
