91 Gillies RoadHamdenCT06517
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 91 Gillies Road, Hamden, CT, 06517 in Hamden. At $449,000 it earns $3,407/mo in rent and distributes $316/mo to the owner after the $2,019/mo payment, a consistent 9.11% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,050 in value; $4,135/yr in principal paydown compounds ownership stake. Total projected return: $191,960.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.8% |
| Monthly Cash Flow | $316 | $1,850 |
City averages based on Hamden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,407 |
| Total Monthly Debt Service | $2,912 |
| DSCR Ratio | 1.17x |
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 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06517, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 4,076 (57.3%) |
| Renter Occupied HU | 2,616 (36.8%) |
| Vacant Housing Units | 423 ( 5.9%) |
| Median Home Value | $379,547 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,685
Multi-Family
1,101
Businesses
452
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 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06517, Hamden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 4,076 (57.3%) |
| Renter Occupied HU | 2,616 (36.8%) |
| Vacant Housing Units | 423 ( 5.9%) |
| Median Home Value | $379,547 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,685
Multi-Family
1,101
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Calla Lord • Tier 1 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120401
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.