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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in East Haven at 123 Cosey Beach Avenue APT 1, East Haven, CT, 06512 offers a 10.69% rental yield on a $289,000 purchase with $2,575/mo rent. Total monthly income registers $2,575/mo, and a $1,415/mo payment leaves $319/mo available for distribution. Annual cash flow reaches $3,827/yr on $95,804 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 126.37% and total cumulative return in cash at $121,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,575/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$292 monthly HOA
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,438 (100%) |
| Owner Occupied HU | 8,576 (63.8%) |
| Renter Occupied HU | 3,984 (29.6%) |
| Vacant Housing Units | 878 ( 6.5%) |
| Median Home Value | $323,792 |
| Average Home Value | $369,374 |
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Sold | $289,000 |
| 2025-05-23 | Pending sale | $289,000 |
| 2025-05-09 | Listed for sale | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $4597.00 | 7.18% | $137,480 | N/A |
| 2023-10-21 | $4289.00 | N/A | $137,480 | N/A |
| 2022-10-21 | $4289.00 | -0.16% | $137,480 | 9.61% |
What's Special
None
Listed by: Vicky Welch • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091836
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.
