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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 400 Main St, Killingly, CT, 06239 listed at $310,000 pairs $1,745/mo rent with a $1,517/mo payment. Total monthly income runs $1,745/mo. Return on cash invested measures 15.69% in year one, and rental yield registers 6.75% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 81.01% and total cumulative return in cash totals $83,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,745/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1880
0.26 Acres 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 |
|---|---|---|
| 2025-03-07 | Listed for sale | $310,000 |
| 2021-06-10 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-11 | $4456.00 | -4.95% | $186,330 | 27.54% |
| 2023-03-11 | $4688.00 | 20.76% | $146,090 | 13.61% |
| 2022-03-11 | $3882.00 | N/A | $128,590 | N/A |
What's Special
None
Listed by: Brooke Packard • Lamacchia Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078773
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.
