32 Lawncrest RoadNew HavenCT06515
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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
Rental property for sale in New Haven at 32 Lawncrest Road, New Haven, CT, 06515 priced at $367,000 pairs $4,180/mo rent with $1,648/mo cash flow after a $1,796/mo payment. Total monthly income equals $4,180/mo, and annual cash flow comes to $19,778/yr on $121,661 invested. Return on cash invested is 36.17% in year one, and rental yield stands at 13.67% on a $367,000 basis. Equity gained on principal adds $2,368/yr, and 5% annual appreciation accumulates to $101,395 by year five. Five-year ROI measures 190.98% and total cumulative return in cash reaches $232,343. For financing, Ziffy Mortgage’s DSCR program evaluates $4,180/mo property income against a $1,796/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06515, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,254 (100%) |
| Owner Occupied HU | 2,733 (37.7%) |
| Renter Occupied HU | 4,025 (55.5%) |
| Vacant Housing Units | 496 ( 6.8%) |
| Median Home Value | $351,650 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
4,902
Multi-Family
1,820
Businesses
359
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Listed by: Ross Cotjanle • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092187
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.