13 West Slope LaneHamdenCT06517
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 13 West Slope Lane, Hamden, CT, 06517 in Hamden speaks for itself: 10.36% gross on a $569,000 price, generating $4,914/mo in rent and $1,048/mo in net income after the $2,559/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,575 stacks alongside $157,204 in projected five-year appreciation and $5,241/yr in principal reduction. Projected total cumulative return: $284,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.8% |
| Monthly Cash Flow | $1,048 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,914 |
| Total Monthly Debt Service | $3,640 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24161950