339 West Shepard AvenueHamdenCT06514
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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
Rental property for sale in Hamden at 339 West Shepard Avenue, Hamden, CT, 06514 priced at $452,000 converts $3,994/mo rent into $574/mo cash flow after a $2,212/mo obligation. Total monthly income equals $3,994/mo, and annual cash flow totals $6,893/yr on $149,838 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 10.6% against a $452,000 entry. Equity gained on principal adds $2,917/yr, while 5% annual appreciation compiles into $124,879 by year five. Five-year ROI reaches 129.32% and total cumulative return in cash sums $193,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,994/mo property income covering a $2,212/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.81 Acres lot
$N/A/sqft
No HOA
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Listed by: Anne T. Degregorio • Press/Cuozzo Realtors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116896
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