2390 State St APT 1FHamdenCT06517
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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
Total monthly income runs $2,459/mo, and a $1,566/mo payment. Purchase price stands at $320,000, and rental yield measures 9.22% with $2,459/mo rent. Return on cash invested shows 19.51% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 102.81% and total cumulative return in cash records $109,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,459/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$320 monthly 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: James M. Sette • Sette Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090495
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.