15 Walnut StreetWest HavenCT06516
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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 West Haven at 15 Walnut Street, West Haven, CT, 06516 with 5% annual appreciation on a $249,900 basis while $2,770/mo rent supports operations. Total monthly income totals $2,770/mo and a $1,223/mo payment preserves $895/mo for cash returns. Annual cash flow comes to $10,742/yr on $82,842 deployed, and return on cash invested reaches 32.88% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 13.3%. Five-year ROI measures 174.15% and total cumulative return in cash totals $144,266.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,770/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06516, West Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,840 (100%) |
| Owner Occupied HU | 11,877 (52.0%) |
| Renter Occupied HU | 9,766 (42.8%) |
| Vacant Housing Units | 1,197 ( 5.2%) |
| Median Home Value | $306,107 |
| Average Home Value | $333,389 |
Housing Distribution
Address Breakdown
Residential
21,891
Single Family
17,105
Multi-Family
4,786
Businesses
1,373
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Listed by: Patrick T. Precourt • Dorrance Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24118520
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.