36 Carter 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 36 Carter Street, Killingly, CT, 06239 generates $2,022/mo in rent, after a $1,958/mo payment. Total monthly income is $2,022/mo. Return on cash invested sits at 13.61% in year one, and rental yield is 6.07% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 69.85% and total cumulative return in cash sums $92,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,022/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
0.32 Acres 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: Robbie G. Santos • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24107991