110 Westwood RoadNew HavenCT06515
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
Investment Highlights
Rental property for sale in New Haven at 110 Westwood Road, New Haven, CT, 06515 generates $4,664/mo in rent, after a $5,090/mo payment. Total monthly income is $4,664/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 5.38% on a $1,040,000 entry. Equity gained on principal adds $6,711/yr, while 5% annual appreciation builds toward $287,333 over five years. Five-year ROI reaches 60.15% and total cumulative return in cash sums $202,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Grauer • Betsy Grauer Realty, Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106595
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.