11 Flaum DriveWest HavenCT06516
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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 West Haven at 11 Flaum Drive, West Haven, CT, 06516 with 5% annual appreciation on a $299,000 basis while $2,125/mo rent supports operations. Total monthly income totals $2,125/mo and a $1,463/mo payment preserves $94/mo for cash returns. Annual cash flow comes to $1,127/yr on $99,119 deployed, and return on cash invested reaches 21.05% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.53%. Five-year ROI measures 109.71% and total cumulative return in cash totals $108,742.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,125/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06516, West Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,840 (100%) |
| Owner Occupied HU | 11,877 (52.0%) |
| Renter Occupied HU | 9,766 (42.8%) |
| Vacant Housing Units | 1,197 ( 5.2%) |
| Median Home Value | $306,107 |
| Average Home Value | $333,389 |
Housing Distribution
Address Breakdown
Residential
21,891
Single Family
17,105
Multi-Family
4,786
Businesses
1,373
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Listed by: Yvette M. McNeil • McNeil Realty LLC
Mls Name: Smart MLS
Mls ID: #24144781