132 East Gate Lane #132, Hamden, CT, 06514 | $580/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1068 sft

76 Wauwinet Trail #76, Guilford, CT, 06437

Currently Rented+ 1 more

6 Bed
3 Bath
3315 sft

272 Saint John Street, New Haven, CT, 06511

3 Bed
2 Bath
1828 sft

85 Alma Street, Waterbury, CT, 06705

2 Bed
2 Bath
1287 sft

56 Baldwin Street, Watertown, CT, 06795

Nearby investment properties with comparable prices

3 Bed
2 Bath
1974 sft

301 Blackstone Vlg #301, Meriden, CT, 06450

2 Bed
2 Bath
1152 sft

30 Woodglen Drive APT 7B2, Waterbury, CT, 06705

2 Bed
2 Bath
1044 sft

73 Heritage Village #D, Southbury, CT, 06488

2 Bed
1 Bath
900 sft

41 Balance Rock Road APT 16, Seymour, CT, 06483

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Hamden at 132 East Gate Lane #132, Hamden, CT, 06514 offers a 11.05% rental yield on a $239,900 purchase with $2,210/mo rent. Total monthly income registers $2,210/mo, and a $1,174/mo payment leaves $580/mo available for distribution. Annual cash flow reaches $6,962/yr on $79,527 to close, and return on cash invested stands at 28.66% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 150.61% and total cumulative return in cash at $119,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,210/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA