1165 Whitney Avenue #1165HamdenCT06517
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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 1165 Whitney Avenue #1165, Hamden, CT, 06517 generates $2,010/mo in rent, after a $1,835/mo payment. Total monthly income is $2,010/mo. Return on cash invested sits at 14.72% in year one, and rental yield is 6.43% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 75.83% and total cumulative return in cash sums $94,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06517, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 4,076 (57.3%) |
| Renter Occupied HU | 2,616 (36.8%) |
| Vacant Housing Units | 423 ( 5.9%) |
| Median Home Value | $379,547 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,685
Multi-Family
1,101
Businesses
452
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Listed by: John Cuozzo • Press/Cuozzo Realtors
Mls Name: Smart MLS
Mls ID: #24145728