32 Towne House Road #32HamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 32 Towne House Road #32, Hamden, CT, 06514 in Hamden. At $232,000 it earns $2,210/mo in rent and distributes $269/mo to the owner after the $1,043/mo payment, a consistent 11.43% yield. DSCR 2.12 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,097 in value; $2,137/yr in principal paydown compounds ownership stake. Total projected return: $129,403.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.8% |
| Monthly Cash Flow | $269 | $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 | $1,484 |
| DSCR Ratio | 1.49x |
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 1982
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 1982
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sebastian Barneby • Anchor Point
Mls Name: Smart MLS
Mls ID: #24120627