3 Timberland Drive, East Haven, CT, 06513 | $511/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Timberland Drive, East Haven, CT, 06513 | $511/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in East Haven at 3 Timberland Drive, East Haven, CT, 06513 priced at $489,999 pairs $3,840/mo rent with $511/mo cash flow after a $2,398/mo payment. Total monthly income equals $3,840/mo, and annual cash flow comes to $6,132/yr on $162,435 invested. Return on cash invested is 23.68% in year one, and rental yield stands at 9.4% on a $489,999 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,378 by year five. Five-year ROI measures 123.86% and total cumulative return in cash reaches $201,192. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1984

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

SINGLE FAMILY WITH LEGAL IN-LAW (ADU) ON DEAD END CUL-DE-SAC, CATHEDRAL CEILINGS, PRIVATE ENTRANCE, NEW CARPET IN LOWER LEVEL. DUAL ZONED HVAC SYSTEM. Main level has permitted custom BILLIARD ROOM Addition to the property (Professional pool table will convey) and just under half and acre of land with nothing but "land locked" woods behind the property the ensure long term privacy. This spacious and versatile home offers approximately 2,600+ sq ft of beautifully maintained living space, featuring 3 bedrooms (1 master bedroom) and 2 full bathrooms on the main level, with cathedral ceilings, custom woodwork, trim, underground outdoors speakers, electrical hookups ready for a a serene koi pond. The outdoor sprinkler system keeps the landscaped yard lush and vibrant with minimal effort. The zoysia grass is less maintenance. Enjoy your privacy while also being close to amenities and highways. Subject to Probate Court Approval Sold in "As-Is" Condition

Neighborhood Data

Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.

Housing Distribution

Housing Statistics

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