145 East Gate Lane #145HamdenCT06514
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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 145 East Gate Lane #145, Hamden, CT, 06514 generates $3,168/mo in rent and, after a $1,380/mo payment, leaves $937/mo in cash flow. Total monthly income is $3,168/mo, and annual cash flow is $11,246/yr on $93,483 invested. Return on cash invested sits at 31.94% in year one, and rental yield is 13.48% on a $282,000 entry. Equity gained on principal adds $1,820/yr, while 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 169.65% and total cumulative return in cash sums $158,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,168/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$315 monthly HOA
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Listed by: Pamela M. Diaz • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093817
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.