248 Centerbrook RoadHamdenCT06518
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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 248 Centerbrook Road, Hamden, CT, 06518 offers $1,250/mo rent that, after a $793/mo payment, leaves $149/mo cash flow. Total monthly income is $1,250/mo, and annual cash flow is $1,790/yr on $53,703 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 9.26% at a $162,000 entry. Equity gained on principal adds $1,045/yr while 5% annual appreciation compounds into $44,758 by year five. Five-year ROI records 121.59% and total cumulative return in cash reaches $65,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,250/mo property income versus a $793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and 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: Amy Jo Fitzgerald • Yellowbrick Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24134261