20 Ira StreetNew HavenCT06512
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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
Rental property for sale in New Haven at 20 Ira Street, New Haven, CT, 06512 priced at $400,000 converts $3,406/mo rent into $619/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,406/mo, and annual cash flow totals $7,428/yr on $132,600 invested. Return on cash invested prints 25.51% in year one, and rental yield reads 10.22% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 133.89% and total cumulative return in cash sums $177,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,406/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No 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
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Listed by: Linda Toscano • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24138131
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.