171 Chestnut Street, New Haven, CT, 06511 | 6.02% Rental Yield

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $5,020/mo, and a $4,895/mo payment. Purchase price stands at $999,999, and rental yield measures 6.02% with $5,020/mo rent. Return on cash invested shows 13.59% in year one, and 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 69.72% and total cumulative return in cash records $229,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,020/mo property income covering a $4,895/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 06511, New Haven, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,142 (100%)
Owner Occupied HU	4,757 (18.2%)
Renter Occupied HU	18,516 (70.8%)
Vacant Housing Units	2,869 (11.0%)
Median Home Value	$382,127
Average Home Value	$483,207