21 Richmond Avenue, New Haven, CT, 06515 | 8.05% Rental Yield

For Sale

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

Investment property for sale in New Haven at 21 Richmond Avenue, New Haven, CT, 06515 earns from $4,224/mo rent with a $3,083/mo payment. Total monthly income totals $4,224/mo. ROI tracks 19.74% on current figures, and rental yield reads 8.05% at a $629,900 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,030 over five years. Five-year ROI reaches 102.7% and total cumulative return in cash sums $212,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,224/mo property income instead of your personal income.

Single Family

Built in 1920

9,147 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 06515, New Haven, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,254 (100%)
Owner Occupied HU	2,733 (37.7%)
Renter Occupied HU	4,025 (55.5%)
Vacant Housing Units	496 ( 6.8%)
Median Home Value	$351,650
Average Home Value	$393,722