115 Clay StreetNew HavenCT06513
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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
Rental property for sale in New Haven at 115 Clay Street, New Haven, CT, 06513 priced at $435,000 pairs $3,382/mo rent with $427/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,382/mo, and annual cash flow comes to $5,118/yr on $144,203 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 9.33% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 122.68% and total cumulative return in cash reaches $176,904. For financing, Ziffy Mortgage’s DSCR program evaluates $3,382/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 5,507 (34.3%) |
| Renter Occupied HU | 9,655 (60.2%) |
| Vacant Housing Units | 889 ( 5.5%) |
| Median Home Value | $300,662 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
11,159
Multi-Family
3,073
Businesses
709
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Listed by: Cecilia C. Jaoude • Pearce Real Estate
Mls Name: Smart MLS
Mls ID: #24140320