140 Thompson Street APT 14ANew HavenCT06513
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 New Haven at 140 Thompson Street APT 14A, New Haven, CT, 06513 offers a 7.02% rental yield on a $309,900 purchase with $1,814/mo rent. 5% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 85.39% and total cumulative return in cash at $87,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 5,507 (34.3%) |
| Renter Occupied HU | 9,655 (60.2%) |
| Vacant Housing Units | 889 ( 5.5%) |
| Median Home Value | $300,662 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
11,159
Multi-Family
3,073
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francis J. Smith Jr • Better Living Realty, LLC
Mls Name: Smart MLS
Mls ID: #24126176