40 High Ridge RoadHamdenCT06514
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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 40 High Ridge Road, Hamden, CT, 06514 uses $165,487 cash to close to unlock $13,463/yr annual cash flow and $1,122/mo monthly cash flow. Total monthly income runs $4,740/mo, and a $2,462/mo payment keeps the spread at $1,122/mo. Purchase price stands at $503,000, and rental yield measures 11.31% with $4,740/mo rent. Return on cash invested shows 28.2% in year one, and 5% annual appreciation builds toward $138,970 over five years. Five-year ROI reaches 148.57% and total cumulative return in cash records $245,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,740/mo property income covering a $2,462/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.20 Acres lot
$N/A/sqft
No HOA
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Listed by: Emiliano Navarro • Keller Williams Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095280
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