94 Mechanic Street, Killingly, CT, 06239 | $129/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

94 Mechanic Street, Killingly, CT, 06239 | $129/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2640 sft

15 Hyde Rd, Brooklyn, CT, 06234

Rental Income+ 1 more

6 Bed
3 Bath
3327 sft

29 Sheas Lane, Taftville, CT, 06380

8 Bed
5 Bath
3768 sft

24-26 Merchants Ave, Taftville, CT, 06380

9 Bed
4 Bath
5182 sft

22 Hunters Avenue, Taftville, CT, 06380

Nearby investment properties with comparable prices

3 Bed
2 Bath
1782 sft

10 Goldberg Ave, Norwich, CT, 06360

3 Bed
1 Bath
960 sft

457 Stafford Road, Mansfield, CT, 06250

4 Bed
2 Bath
1496 sft

299 Stone Hill Road, Griswold, CT, 06351

2 Bed
1 Bath
1728 sft

10 George Pl, North Windham, CT, 06256

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Killingly at 94 Mechanic Street, Killingly, CT, 06239 earns $129/mo cash flow from $2,099/mo rent with a $1,419/mo payment. Total monthly income totals $2,099/mo, and annual cash flow totals $1,548/yr on $96,135 capital. ROI tracks 21.52% on current figures, and rental yield reads 8.69% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 112.26% and total cumulative return in cash sums $107,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,099/mo property income instead of your personal income.

Single Family

Built in 1945

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Very cute home with nice setting including private back yard for entertaining. Nice kitchen cabinets and newer appliances. Roof is 7 years old, and home has easy town water, sewer and gas for efficiency. Eat in kitchen is open to living room, and has access to 3 season room and outdoor patio area. Basement is partially finished and offers space for more improvement. Attached 1 car garage with newer automatic door, plus 2 driveways for easy parking. 2 sheds for extra storage. Home has opportunity to build some sweat equity with improvements. Cash or conventional financing requested and sold as 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