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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% |
Rental property for sale in Killingly at 53 Carol Avenue, Killingly, CT, 06239 generates $3,144/mo in rent and, after a $1,708/mo payment, leaves $773/mo in cash flow. Total monthly income is $3,144/mo, and annual cash flow is $9,275/yr on $115,694 invested. Return on cash invested sits at 27.93% in year one, and rental yield is 10.81% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 146.62% and total cumulative return in cash sums $169,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.92 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniele Tella • Remax Host of Homes
Mls Name: Smart MLS
Mls ID: #24127193
