1020 Shepard AvenueHamdenCT06514
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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 Hamden at 1020 Shepard Avenue, Hamden, CT, 06514 earns $11/mo cash flow from $3,622/mo rent with a $2,349/mo payment. Total monthly income totals $3,622/mo, and annual cash flow totals $127/yr on $159,120 capital. ROI tracks 19.99% on current figures, and rental yield reads 9.05% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 105.03% and total cumulative return in cash sums $167,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,622/mo property income instead of your personal income.
Single Family
Built in 1999
0.44 Acres lot
$N/A/sqft
No HOA
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Listed by: Marc A. Seigel • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24150889
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.