365 Mather Street APT 2, Hamden, CT, 06514 | $155/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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365 Mather Street APT 2, Hamden, CT, 06514 | $155/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hamden at 365 Mather Street APT 2, Hamden, CT, 06514 earns $155/mo cash flow from $1,507/mo rent with a $974/mo payment. Total monthly income totals $1,507/mo, and annual cash flow totals $1,859/yr on $65,969 capital. ROI tracks 22.73% on current figures, and rental yield reads 9.09% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 118.74% and total cumulative return in cash sums $78,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,507/mo property income instead of your personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover your private oasis at 365 Mather St. This charming two-bedroom, one-bath, first-floor condo with intercom access offers a tranquil retreat surrounded by nature bordering Whitney Lake and open space. Step out onto your balcony and enjoy serene views of the lush woods creating the perfect backdrop for peaceful living. With direct access to the Farmington Canal Trail, outdoor enthusiasts will love the nearby opportunities for hiking and biking. Inside, both spacious bedrooms feature closets and ample storage, while recent upgrades ensure modern comfort, including new kitchen counters, a stylish backsplash and new floors. The well-equipped kitchen adds convenience to your daily routine, and the in-unit laundry offers added ease. This condo also includes secure storage in the basement, providing extra space for your belongings. Conveniently located near Yale University, New Haven Hospital, and Quinnipiac College, plus easy access to the Merritt Parkway, restaurants and shopping, this home is perfect for both commuters and a home office. Enjoy plenty of parking and everything this lovely community has to offer. Don't miss your chance to make this serene oasis your new home!