141 Old Coach HighwayHamdenCT06518
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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 141 Old Coach Highway, Hamden, CT, 06518 priced at $320,000 converts $4,369/mo rent into $1,403/mo cash flow after a $1,566/mo obligation. Total monthly income equals $4,369/mo, and annual cash flow totals $16,833/yr on $106,080 invested. Return on cash invested prints 35.78% in year one, and rental yield reads 16.38% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 191.98% and total cumulative return in cash sums $203,655. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,369/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.79 Acres 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: Debbie S. Goldberg • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #170562857
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.