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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 West Haven at 330 Savin Avenue #47, West Haven, CT, 06516 generates $2,234/mo in rent and, after a $1,008/mo payment, leaves $465/mo in cash flow. Total monthly income is $2,234/mo, and annual cash flow is $5,575/yr on $68,289 invested. Return on cash invested sits at 28.07% in year one, and rental yield is 13.01% on a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 149.8% and total cumulative return in cash sums $102,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,234/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$370 monthly HOA
Neighborhood data shown for ZIP Code: 06516, West Haven, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,840 (100%) |
| Owner Occupied HU | 11,877 (52.0%) |
| Renter Occupied HU | 9,766 (42.8%) |
| Vacant Housing Units | 1,197 ( 5.2%) |
| Median Home Value | $306,107 |
| Average Home Value | $333,389 |
Residential
21,891
Single Family
17,105
Multi-Family
4,786
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Sold | $206,000 |
| 2025-05-19 | Pending sale | $194,900 |
| 2025-05-15 | Listed for sale | $194,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $3019.00 | 4.32% | $62,230 | N/A |
| 2023-10-27 | $2894.00 | 1.97% | $62,230 | N/A |
| 2022-10-27 | $2838.00 | N/A | $62,230 | N/A |
What's Special
None
Listed by: Gina F. Williams • Preston Gray Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094861
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.
