








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Killingly at 40 School St, Killingly, CT, 06239 priced at $369,900 converts $1,554/mo rent into after a $1,810/mo obligation. Total monthly income equals $1,554/mo. Return on cash invested prints 10.53% in year one, and rental yield reads 5.04% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 53.34% and total cumulative return in cash sums $65,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06239, Danielson, CT area.
| 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 |
Residential
4,614
Single Family
4,407
Multi-Family
207
Businesses
292
Date | Event | Price |
|---|---|---|
| 2021-02-26 | Sold | $240,000 |
| 2020-12-30 | Pending sale | $235,000 |
| 2020-12-30 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $4579.00 | 29.28% | $191,490 | 73.47% |
| 2023-04-22 | $3542.00 | 6.27% | $110,390 | N/A |
| 2022-04-22 | $3333.00 | N/A | $110,390 | N/A |



What's Special
Walk-up
Listed by: David Leal • Keller Williams Realty Gr.Worc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088604
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.