438 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 438 Hartford Pike, Killingly, CT, 06241 with 5% annual appreciation on a $150,000 basis while $1,538/mo rent supports operations. Total monthly income totals $1,538/mo and a $734/mo payment preserves $519/mo for cash returns. Annual cash flow comes to $6,228/yr on $49,725 deployed, and return on cash invested reaches 32.43% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 12.3%. Five-year ROI measures 170.8% and total cumulative return in cash totals $84,930.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,538/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1910
3,484 sqft 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: Androula Kazantzis • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24147740