145 Westminster StreetHamdenCT06518
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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
Investment property for sale in Hamden at 145 Westminster Street, Hamden, CT, 06518 listed at $325,000 pairs $3,307/mo rent with a $1,591/mo payment to leave $1,083/mo cash flow. Total monthly income runs $3,307/mo, and annual cash flow reaches $12,997/yr on $107,738 cash to close. Return on cash invested measures 31.97% in year one, and rental yield registers 12.21% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 168.44% and total cumulative return in cash totals $181,477. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,307/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
7,405 sqft 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: Sara Etienne • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096506
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.