1060 Still Hill RoadHamdenCT06518
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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
Rental property for sale in Hamden at 1060 Still Hill Road, Hamden, CT, 06518 generates $4,397/mo in rent and, after a $2,300/mo payment, leaves $1,204/mo in cash flow. Total monthly income is $4,397/mo, and annual cash flow is $14,450/yr on $155,772 invested. Return on cash invested sits at 29.19% in year one, and rental yield is 11.23% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 153.4% and total cumulative return in cash sums $238,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06518, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,430 (58.0%) |
| Renter Occupied HU | 2,395 (31.4%) |
| Vacant Housing Units | 810 (10.6%) |
| Median Home Value | $347,285 |
| Average Home Value | $380,215 |
Housing Distribution
Address Breakdown
Residential
6,999
Single Family
6,185
Multi-Family
814
Businesses
822
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Listed by: Roseann Ruocco • HomeRun Realty LLC
Mls Name: Smart MLS
Mls ID: #24123123