50 Richard DriveHamdenCT06514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow50 Richard Drive, Hamden, CT, 06514 in Hamden is a top-tier cash-flow asset. At $300,000 it produces $3,057/mo in rent and $658/mo in net monthly income, a 11.29% gross rental yield. The DSCR of 2.27 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,896. Five-year appreciation adds $82,884, driving a total cumulative return of $166,408.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.8% |
| Monthly Cash Flow | $658 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,057 |
| Total Monthly Debt Service | $2,147 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.52 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1952
0.52 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas R. Mathews • THOMAS MATHEWS NEIGHBORHOOD RE
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102845
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