686 Cook Hill Road, Killingly, CT, 06239 | $357/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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686 Cook Hill Road, Killingly, CT, 06239 | $357/mo Cash Flow | Ziffy

For Sale

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 686 Cook Hill Road, Killingly, CT, 06239 priced at $409,900 pairs $3,142/mo rent with $357/mo cash flow after a $2,006/mo payment. Total monthly income equals $3,142/mo, and annual cash flow comes to $4,286/yr on $135,882 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 9.2% on a $409,900 basis. Equity gained on principal adds $2,645/yr, and 5% annual appreciation accumulates to $113,248 by year five. Five-year ROI measures 120.58% and total cumulative return in cash reaches $163,852. For financing, Ziffy Mortgage’s DSCR program evaluates $3,142/mo property income against a $2,006/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1870

2.84 Acres lot

$N/A/sqft

No HOA

More details about the property

Set on nearly 3 acres in a quiet Killingly location, this charming 4-bedroom, 2-bath mini-farm blends country character with modern upgrades. The home features a spacious layout, mini-split AC in the kitchen, a new well pressure tank (2024), wood stove in the bonus building, and added solar panels for energy efficiency. Outside, enjoy an expansive property ideal for equestrian use-including a 6-stall horse barn with water and electric, tack room, outdoor wash area, and space for over 500+ bales of hay. Additional highlights include gutter guards, updated siding and doors, paddocks, a riding arena with drainage, and multiple outbuildings including sheds and a chicken coop. A separate 500+ sq ft bonus structure offers incredible versatility with a wood-fired kitchen and bar area, perfect for gatherings. Just minutes to major routes with easy access to Providence, Worcester, Boston, and Hartford. A rare blend of lifestyle, land, and location-schedule your private tour today!

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