169 James StreetNew 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
Rental property for sale in New Haven at 169 James Street, New Haven, CT, 06513 offers $2,358/mo rent that, after a $1,468/mo payment, leaves $320/mo cash flow. Total monthly income is $2,358/mo, and annual cash flow is $3,840/yr on $99,450 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 9.43% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 124.33% and total cumulative return in cash reaches $123,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,358/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
3,920 sqft 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: Lauren Freedman • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24148888