38 Grandview 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
Investment property for sale in Hamden at 38 Grandview Avenue, Hamden, CT, 06514 earns $1,000/mo cash flow from $3,505/mo rent with a $1,706/mo payment. Total monthly income totals $3,505/mo, and annual cash flow totals $12,001/yr on $115,528 capital. ROI tracks 30.3% on current figures, and rental yield reads 12.07% at a $348,500 purchase. Equity gained on principal adds $2,249/yr, and 5% annual appreciation supports $96,284 over five years. Five-year ROI reaches 159.9% and total cumulative return in cash sums $184,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,505/mo property income instead of your personal income.
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Pascale Millien-Faustin • Guy Bocicaut Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100333
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.