1002 Whalley Avenue APT GNew HavenCT06515
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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 New Haven at 1002 Whalley Avenue APT G, New Haven, CT, 06515 uses $88,013 cash to close to unlock $3,175/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $1,299/mo payment keeps the spread at $265/mo. Purchase price stands at $265,500, and rental yield measures 11.49% with $2,543/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $73,353 over five years. Five-year ROI reaches 125.33% and total cumulative return in cash records $110,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $1,299/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06515, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,254 (100%) |
| Owner Occupied HU | 2,733 (37.7%) |
| Renter Occupied HU | 4,025 (55.5%) |
| Vacant Housing Units | 496 ( 6.8%) |
| Median Home Value | $351,650 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
4,902
Multi-Family
1,820
Businesses
359
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Listed by: Robert Perriello • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113610
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.