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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hamden at 2390 State Street APT 7J, Hamden, CT, 06517 listed at $250,000 pairs $1,796/mo rent with a $1,224/mo payment. Total monthly income runs $1,796/mo. Return on cash invested measures 16.63% in year one, and rental yield registers 8.62% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 87.77% and total cumulative return in cash totals $72,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,796/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$239 monthly HOA
Neighborhood data shown for ZIP Code: 06517, Hamden, CT area.
| 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 |
Residential
6,786
Single Family
5,685
Multi-Family
1,101
Businesses
452
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listed for sale | $250,000 |
| 2021-03-24 | Listing removed | N/A |
| 2019-09-05 | Listing removed | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-15 | $5465.00 | -1.37% | $98,280 | N/A |
| 2023-07-15 | $5541.00 | 1.61% | $98,280 | N/A |
| 2022-07-15 | $5453.00 | 5.80% | $98,280 | N/A |
What's Special
None
Listed by: Seigel Team at RE/MAX Rise • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24110971
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.
