175 Mill Pond Road #455HamdenCT06514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 175 Mill Pond Road #455, Hamden, CT, 06514 offers a 14.68% rental yield on a $187,000 purchase with $2,288/mo rent. Total monthly income registers $2,288/mo, and a $915/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,272/yr on $61,991 to close, and return on cash invested stands at 30.03% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 161.4% and total cumulative return in cash at $100,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$495 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Cassidy • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24117826
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.