11 Jamestown 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
Investment property for sale in Hamden at 11 Jamestown Road, Hamden, CT, 06518 uses $126,302 cash to close to unlock $6,727/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $3,252/mo, and a $1,865/mo payment keeps the spread at $561/mo. Purchase price stands at $381,000, and rental yield measures 10.24% with $3,252/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $105,263 over five years. Five-year ROI reaches 132.57% and total cumulative return in cash records $167,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,252/mo property income covering a $1,865/mo payment rather than investor’s personal income.
Single Family
Built in 1970
10,454 sqft 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: Gene Pica • RE/MAX Alliance
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094153
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.