50 Richard DriveHamdenCT06514
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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 50 Richard Drive, Hamden, CT, 06514 earns $791/mo cash flow from $3,057/mo rent with a $1,468/mo payment. Total monthly income totals $3,057/mo, and annual cash flow totals $9,486/yr on $99,450 capital. ROI tracks 29.45% on current figures, and rental yield reads 12.23% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 155.8% and total cumulative return in cash sums $154,944. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,057/mo property income instead of your personal income.
Single Family
Built in 1952
0.52 Acres lot
$N/A/sqft
No HOA
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Listed by: Thomas R. Mathews • THOMAS MATHEWS NEIGHBORHOOD RE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102845
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