32 High StreetKillinglyCT06239
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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
Rental property for sale in Killingly at 32 High Street, Killingly, CT, 06239 offers $2,987/mo rent that, after a $1,390/mo payment, leaves $1,057/mo cash flow. Total monthly income is $2,987/mo, and annual cash flow is $12,689/yr on $94,146 cash. Return on cash invested measures 33.39% in year one, and rental yield stands at 12.62% at a $284,000 entry. Equity gained on principal adds $1,833/yr while 5% annual appreciation compounds into $78,464 by year five. Five-year ROI records 175.95% and total cumulative return in cash reaches $165,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,987/mo property income versus a $1,390/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,234 (100%) |
| Owner Occupied HU | 3,286 (62.8%) |
| Renter Occupied HU | 1,671 (31.9%) |
| Vacant Housing Units | 277 ( 5.3%) |
| Median Home Value | $314,831 |
| Average Home Value | $382,427 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
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Listed by: Jeremy Bailey • SkyView Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096430
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.