18 Hamre Lane #BBranfordCT06405
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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 Branford at 18 Hamre Lane #B, Branford, CT, 06405 with 5% annual appreciation on a $234,500 basis while $2,545/mo rent supports operations. Total monthly income totals $2,545/mo and a $1,148/mo payment preserves $476/mo for cash returns. Annual cash flow comes to $5,717/yr on $77,737 deployed, and return on cash invested reaches 27.26% in year one. Equity gained on principal adds $1,513/yr, and five-year appreciation sums $64,788 alongside rental yield of 13.02%. Five-year ROI measures 145.76% and total cumulative return in cash totals $113,308.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,545/mo property income versus a $1,148/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06405, Branford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,472 (100%) |
| Owner Occupied HU | 9,240 (63.8%) |
| Renter Occupied HU | 4,157 (28.7%) |
| Vacant Housing Units | 1,075 ( 7.4%) |
| Median Home Value | $485,013 |
| Average Home Value | $561,238 |
Housing Distribution
Address Breakdown
Residential
13,888
Single Family
12,372
Multi-Family
1,516
Businesses
1,642
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Listed by: Nancy Potts • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094839
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.