116 Towne House Road #116, Hamden, CT, 06514 | $53/mo Cash Flow

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

Investment property for sale in Hamden at 116 Towne House Road #116, Hamden, CT, 06514 offers a 8.45% rental yield on a $214,900 purchase with $1,513/mo rent. Total monthly income registers $1,513/mo, and a $1,052/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $632/yr on $71,239 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 108.4% and total cumulative return in cash at $77,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,513/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA