350 Hartford PikeKillinglyCT06241
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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
Investment property for sale in Killingly at 350 Hartford Pike, Killingly, CT, 06241 with 5% annual appreciation on a $895,000 basis while $2,700/mo rent supports operations. 28% in year one. Equity gained on principal adds $5,775/yr, and five-year appreciation sums $247,272 alongside rental yield of 3.62%. Five-year ROI measures 30.52% and total cumulative return in cash totals $89,882. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,700/mo property income versus a $4,381/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1882
3.01 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,537
Multi-Family
57
Businesses
226
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Listed by: Mark S. Benard • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls ID: #24152400