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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 251 Barnes Ave #251, New Haven, CT, 06513 earns from $929/mo rent with a $587/mo payment. Total monthly income totals $929/mo. ROI tracks 13.06% on current figures, and rental yield reads 9.3% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 70.77% and total cumulative return in cash sums $28,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $929/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$341 monthly HOA
Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 5,507 (34.3%) |
| Renter Occupied HU | 9,655 (60.2%) |
| Vacant Housing Units | 889 ( 5.5%) |
| Median Home Value | $300,662 |
| Average Home Value | $367,579 |
Residential
14,232
Single Family
11,159
Multi-Family
3,073
Businesses
709
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $119,900 |
| 2008-05-19 | Sold | $93,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Bob Sacco • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080437
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.
