20 Canterbury Road #20HamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow20 Canterbury Road #20, Hamden, CT, 06514 in Hamden is a top-tier cash-flow asset. At $420,000 it produces $3,815/mo in rent and $609/mo in net monthly income, a 10.9% gross rental yield. The DSCR of 2.02 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,309. Five-year appreciation adds $116,038, driving a total cumulative return of $201,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.8% |
| Monthly Cash Flow | $609 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,815 |
| Total Monthly Debt Service | $3,039 |
| DSCR Ratio | 1.26x |
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 1988
N/A lot
$N/A/sqft
$352 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 1988
N/A lot
$N/A/sqft
$352 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Levinson • Higgins Group Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100156
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.