301 Harbour Close #203New 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 301 Harbour Close #203, New Haven, CT, 06519 uses $151,164 cash to close to unlock $19,711/yr annual cash flow and $1,643/mo monthly cash flow. Total monthly income runs $4,741/mo, and a $2,232/mo payment keeps the spread at $1,643/mo. Purchase price stands at $456,000, and rental yield measures 12.48% with $4,741/mo rent. Return on cash invested shows 32.95% in year one, and 5% annual appreciation builds toward $125,984 over five years. Five-year ROI reaches 173.56% and total cumulative return in cash records $262,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,741/mo property income covering a $2,232/mo payment rather than investor’s personal income.
Condo
Built in 2021
N/A 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: Nicole G. Talmadge • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24125330