219 Centerbrook RoadHamdenCT06518
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
Rental property for sale in Hamden at 219 Centerbrook Road, Hamden, CT, 06518 priced at $149,900 pairs $1,183/mo rent with $164/mo cash flow after a $734/mo payment. Total monthly income equals $1,183/mo, and annual cash flow comes to $1,970/yr on $49,692 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 9.47% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 124.99% and total cumulative return in cash reaches $62,111. For financing, Ziffy Mortgage’s DSCR program evaluates $1,183/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06518, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,430 (58.0%) |
| Renter Occupied HU | 2,395 (31.4%) |
| Vacant Housing Units | 810 (10.6%) |
| Median Home Value | $347,285 |
| Average Home Value | $380,215 |
Housing Distribution
Address Breakdown
Residential
6,999
Single Family
6,185
Multi-Family
814
Businesses
822
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Listed by: Jill Nathanson-Zaengel • Press/Cuozzo Realtors
Mls Name: Smart MLS
Mls ID: #24124255