120 Wooster Street APT VNew HavenCT06511
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 120 Wooster Street APT V, New Haven, CT, 06511 offers $2,266/mo rent that, after a $1,826/mo payment. Total monthly income is $2,266/mo. Return on cash invested measures 17.3% in year one, and rental yield stands at 7.29% at a $373,000 entry. Equity gained on principal adds $2,407/yr while 5% annual appreciation compounds into $103,053 by year five. Five-year ROI records 89.66% and total cumulative return in cash reaches $110,867. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,266/mo property income versus a $1,826/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06511, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,142 (100%) |
| Owner Occupied HU | 4,757 (18.2%) |
| Renter Occupied HU | 18,516 (70.8%) |
| Vacant Housing Units | 2,869 (11.0%) |
| Median Home Value | $382,127 |
| Average Home Value | $483,207 |
Housing Distribution
Address Breakdown
Residential
22,273
Single Family
14,414
Multi-Family
7,859
Businesses
1,750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Roy • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24116674