2720 State St APT 25HamdenCT06517
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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 2720 State St APT 25, Hamden, CT, 06517 earns $228/mo cash flow from $2,734/mo rent with a $1,615/mo payment. Total monthly income totals $2,734/mo, and annual cash flow totals $2,733/yr on $109,362 capital. ROI tracks 22.41% on current figures, and rental yield reads 9.94% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 118.09% and total cumulative return in cash sums $129,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,734/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$249 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: DACEY COASTAL PROPERTIES TEAM AT WILLIAM RAVEIS • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084660
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.