270 Hemingway AveEast HavenCT06512
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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 East Haven at 270 Hemingway Ave, East Haven, CT, 06512 at $479,900 posts ROI 15.32% with from $2,653/mo rent. Total monthly income equals $2,653/mo. Return on cash invested measures 15.32% and rental yield reads 6.63% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. Five-year ROI prints 79.06% and total cumulative return in cash totals $125,781. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,653/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
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Listed by: Joanne Fowler • Bishop, Edward & Roberts, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086034
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.