171 Morse Street, Hamden, CT, 06517 | 6.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,770/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 6.8% with $2,770/mo rent. Return on cash invested shows 15.82% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 81.71% and total cumulative return in cash records $132,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,770/mo property income covering a $2,393/mo payment rather than investor’s personal income.

Multi Family

Built in 1940

8,712 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