29 Shepard Hill Road #29HamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.78, 29 Shepard Hill Road #29, Hamden, CT, 06514 in Hamden sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.61%. The 9.61% yield is backed by 5% annual appreciation projecting $76,254 in value gain, plus $2,542/yr in principal reduction. Total projected cumulative return: $98,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.8% |
| Monthly Cash Flow | $(138) | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,210 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
$473 monthly HOA
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
Condo
Built in 1973
N/A lot
$N/A/sqft
$473 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc A. Seigel • RE/MAX RISE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115627
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