22 Edgar StreetNew HavenCT06519
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 22 Edgar Street, New Haven, CT, 06519 in New Haven is narrow, $28/mo net on $2,066/mo rent after the $1,349/mo debt service, but the property operates at break-even-plus, not a loss. At $299,999 with a 8.26% yield, the long-run equity case via 5% appreciation ($82,884 over five years) and $2,763/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $116,320.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.8% |
| Monthly Cash Flow | $28 | $650 |
City averages based on New Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,066 |
| Total Monthly Debt Service | $1,919 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
2,178 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
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
Multi Family
Built in 1910
2,178 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juan Osorio-Ramirez • Alpha Capital Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103674
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.