184 Towne house Road #184HamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 184 Towne house Road #184, Hamden, CT, 06514 in Hamden. Priced at $230,000, it generates $2,489/mo in gross rent and $529/mo in net monthly cash flow, a 12.99% yield that comfortably supports the 2.41 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,349. Five-year appreciation: $63,545. Equity from principal paydown: $2,118/yr. Total projected cumulative return: $123,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 5.8% |
| Monthly Cash Flow | $529 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,489 |
| Total Monthly Debt Service | $1,868 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
N/A lot
$N/A/sqft
$397 monthly HOA
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
Condo
Built in 1982
N/A lot
$N/A/sqft
$397 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Richards • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24070605
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