10 River RoadNorth HavenCT06473
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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 North Haven at 10 River Road, North Haven, CT, 06473 offers a 9.73% rental yield on a $612,000 purchase with $4,963/mo rent. Total monthly income registers $4,963/mo, and a $2,995/mo payment leaves $805/mo available for distribution. Annual cash flow reaches $9,662/yr on $201,348 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $3,949/yr while 5% annual appreciation supports $169,084 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $262,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,963/mo property income against a $2,995/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06473, North Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,395 (100%) |
| Owner Occupied HU | 8,187 (78.8%) |
| Renter Occupied HU | 1,790 (17.2%) |
| Vacant Housing Units | 418 ( 4.0%) |
| Median Home Value | $400,420 |
| Average Home Value | $448,636 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
9,138
Multi-Family
980
Businesses
1,427
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Listed by: Jill Nathanson-Zaengel • Press/Cuozzo Realtors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093878
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.