212 West StreetNew HavenCT06519
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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 212 West Street, New Haven, CT, 06519 priced at $650,000 converts $2,686/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,686/mo. Return on cash invested prints 10.35% in year one, and rental yield reads 4.96% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 52.35% and total cumulative return in cash sums $111,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,686/mo property income covering a $3,181/mo payment, not borrower’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: 06519, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 1,300 (20.1%) |
| Renter Occupied HU | 4,616 (71.3%) |
| Vacant Housing Units | 561 ( 8.7%) |
| Median Home Value | $332,985 |
| Average Home Value | $355,135 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,440
Multi-Family
1,418
Businesses
419
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Listed by: Jose Almodovar • Las Americas Real Estate
Mls Name: Smart MLS
Mls ID: #24136273