124 Bailey RoadNorth HavenCT06473
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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 North Haven at 124 Bailey Road, North Haven, CT, 06473 earns $672/mo cash flow from $2,948/mo rent with a $1,640/mo payment. Total monthly income totals $2,948/mo, and annual cash flow totals $8,058/yr on $111,053 capital. ROI tracks 27.17% on current figures, and rental yield reads 10.56% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 142.57% and total cumulative return in cash sums $158,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,948/mo property income instead of your personal income.
Single Family
Built in 1947
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06473, North Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,395 (100%) |
| Owner Occupied HU | 8,187 (78.8%) |
| Renter Occupied HU | 1,790 (17.2%) |
| Vacant Housing Units | 418 ( 4.0%) |
| Median Home Value | $400,420 |
| Average Home Value | $448,636 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
9,138
Multi-Family
980
Businesses
1,427
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Listed by: Joseph Iamunno • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099996
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.