23 Dewitt 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
Investment property for sale in New Haven at 23 Dewitt Street, New Haven, CT, 06519 with 5% annual appreciation on a $570,000 basis while $3,269/mo rent supports operations. 2% in year one. Equity gained on principal adds $3,678/yr, and five-year appreciation sums $157,480 alongside rental yield of 6.88%. Five-year ROI measures 83.68% and total cumulative return in cash totals $156,925. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,269/mo property income versus a $2,790/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1991
6,098 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: Alex Galvez • Century 21 Galvez
Mls Name: Smart MLS
Mls ID: #24105631