6 Chatterton WoodsHamdenCT06518
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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
Rental property for sale in Hamden at 6 Chatterton Woods, Hamden, CT, 06518 generates $6,583/mo in rent and, after a $2,758/mo payment, leaves $2,053/mo in cash flow. Total monthly income is $6,583/mo, and annual cash flow is $24,633/yr on $185,392 invested. Return on cash invested sits at 33.35% in year one, and rental yield is 14.02% on a $563,500 entry. Equity gained on principal adds $3,636/yr, while 5% annual appreciation builds toward $155,685 over five years. Five-year ROI reaches 177.32% and total cumulative return in cash sums $328,728. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,583/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06518, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,430 (58.0%) |
| Renter Occupied HU | 2,395 (31.4%) |
| Vacant Housing Units | 810 (10.6%) |
| Median Home Value | $347,285 |
| Average Home Value | $380,215 |
Housing Distribution
Address Breakdown
Residential
6,999
Single Family
6,185
Multi-Family
814
Businesses
822
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Listed by: Dillon Cass • eRealty Advisors, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094047
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.