365 Mather St APT 76HamdenCT06514
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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 365 Mather St APT 76, Hamden, CT, 06514 uses $66,267 cash to close to unlock $4,947/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $978/mo payment keeps the spread at $412/mo. Purchase price stands at $199,900, and rental yield measures 12.94% with $2,156/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 146.25% and total cumulative return in cash records $96,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$350 monthly HOA
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Listed by: Krystal Harrison • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087281
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