306 Pine Rock Avenue APT D8HamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 306 Pine Rock Avenue APT D8, Hamden, CT, 06514 in Hamden at $140,000 earns $1,068/mo in rent and nets $117/mo after the $630/mo payment, a 9.15% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,679 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $1,289/yr in principal paydown, total projected return reaches $60,936.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.8% |
| Monthly Cash Flow | $117 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,068 |
| Total Monthly Debt Service | $896 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1971
N/A lot
$N/A/sqft
No 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 1971
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth S. Ginsberg • KNG Realty LLC
Mls Name: Smart MLS
Mls ID: #24103006