12 Collins 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 12 Collins Drive, West Haven, CT, 06516 earns $45/mo cash flow from $2,219/mo rent with a $1,566/mo payment. Total monthly income totals $2,219/mo, and annual cash flow totals $540/yr on $106,080 capital. ROI tracks 20.42% on current figures, and rental yield reads 8.32% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 106.35% and total cumulative return in cash sums $112,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,219/mo property income instead of your personal income.
Single Family
Built in 1965
0.46 Acres 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: Vera Maximin • Higgins Group Real Estate
Mls Name: Smart MLS
Mls ID: #24126710