45 Carter Street, Killingly, CT, 06239 | $196/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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45 Carter Street, Killingly, CT, 06239 | $196/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Killingly at 45 Carter Street, Killingly, CT, 06239 priced at $199,900 converts $1,554/mo rent into $196/mo cash flow after a $978/mo obligation. Total monthly income equals $1,554/mo, and annual cash flow totals $2,354/yr on $66,267 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 9.33% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 122.74% and total cumulative return in cash sums $81,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $978/mo payment, not borrower’s personal income.

Single Family

Built in 1925

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

ADORABLE 3 bedroom ESTATE Sale w/ NEWER 3 year old furnace, NEWER 200 amp panel and meter, Updated roof, CITY WATER & SEWER and 14 x 18 DECK to enjoy your Summer evenings! Large living room with BIG BAY window in the front, Eat in appliance kitchen with ALOT of cabinets for STORAGE. 1 st floor bedroom full bathroom, laundry room on first floor and NEW slider out to deck. LARGE bedroom upstairs and another spacious one. CLOSE to 395, RTE 6 and RI line. Small back yard for easy Maintenace. SOLD AS IS/WHERE IS.

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