2579 Whitney AvenueHamdenCT06518
Nearby investment properties with comparable rents
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
Investment property for sale in Hamden at 2579 Whitney Avenue, Hamden, CT, 06518 earns $137/mo cash flow from $2,281/mo rent with a $1,517/mo payment. Total monthly income totals $2,281/mo, and annual cash flow totals $1,647/yr on $102,765 capital. ROI tracks 21.51% on current figures, and rental yield reads 8.83% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $115,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,281/mo property income instead of your personal income.
Single Family
Built in 1945
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Cangiano • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098141
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.