2415 Shepard Avenue APT 30HamdenCT06518
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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
Investment property for sale in Hamden at 2415 Shepard Avenue APT 30, Hamden, CT, 06518 earns $486/mo cash flow from $2,858/mo rent with a $1,317/mo payment. Total monthly income totals $2,858/mo, and annual cash flow totals $5,828/yr on $89,174 capital. ROI tracks 26.44% on current figures, and rental yield reads 12.75% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 141.36% and total cumulative return in cash sums $126,059. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,858/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$440 monthly 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: Jamie D. Dawn • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102404
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.