22 Webb StreetHamdenCT06517
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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 22 Webb Street, Hamden, CT, 06517 priced at $375,000 pairs $3,472/mo rent with $925/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,472/mo, and annual cash flow comes to $11,094/yr on $124,313 invested. Return on cash invested is 28.83% in year one, and rental yield stands at 11.11% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 151.5% and total cumulative return in cash reaches $188,331. For financing, Ziffy Mortgage’s DSCR program evaluates $3,472/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06517, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 4,076 (57.3%) |
| Renter Occupied HU | 2,616 (36.8%) |
| Vacant Housing Units | 423 ( 5.9%) |
| Median Home Value | $379,547 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,685
Multi-Family
1,101
Businesses
452
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Listed by: Maricela Herrera • eXp Realty
Mls Name: Smart MLS
Mls ID: #24123615