130 Coe Avenue #81East HavenCT06512
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
Investment property for sale in East Haven at 130 Coe Avenue #81, East Haven, CT, 06512 offers a 20.09% rental yield on a $110,000 purchase with $1,842/mo rent. Total monthly income registers $1,842/mo, and a $538/mo payment leaves $874/mo available for distribution. Annual cash flow reaches $10,488/yr on $36,465 to close, and return on cash invested stands at 48.67% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 260.47% and total cumulative return in cash at $94,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,842/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Zakrzewski • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095153
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.