88 Howard DrHamdenCT06514
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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 88 Howard Dr, Hamden, CT, 06514 earns $1,046/mo cash flow from $4,214/mo rent with a $2,203/mo payment. Total monthly income totals $4,214/mo, and annual cash flow totals $12,553/yr on $149,175 capital. ROI tracks 28.32% on current figures, and rental yield reads 11.24% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 149.1% and total cumulative return in cash sums $222,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,214/mo property income instead of your personal income.
Single Family
Built in 1978
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Christy A. Lindsay • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089198
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.