








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New Haven at 257 Concord St, New Haven, CT, 06512 priced at $281,900 converts $2,466/mo rent into $550/mo cash flow after a $1,380/mo obligation. Total monthly income equals $2,466/mo, and annual cash flow totals $6,605/yr on $93,450 invested. Return on cash invested prints 26.98% in year one, and rental yield reads 10.5% against a $281,900 entry. Equity gained on principal adds $1,819/yr, while 5% annual appreciation compiles into $77,884 by year five. Five-year ROI reaches 141.57% and total cumulative return in cash sums $132,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,466/mo property income covering a $1,380/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,438 (100%) |
| Owner Occupied HU | 8,576 (63.8%) |
| Renter Occupied HU | 3,984 (29.6%) |
| Vacant Housing Units | 878 ( 6.5%) |
| Median Home Value | $323,792 |
| Average Home Value | $369,374 |
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
Date | Event | Price |
|---|---|---|
| 2025-06-11 | Listing removed | $289,900 |
| 2025-05-02 | Listed for sale | $289,900 |
| 2015-09-11 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $4476.00 | 3.49% | $116,270 | N/A |
| 2023-10-10 | $4325.00 | -6.43% | $116,270 | N/A |
| 2022-10-10 | $4622.00 | 13.65% | $116,270 | 25.45% |



Listed by: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #24092362