330 Savin Avenue APT 63, West Haven, CT, 06516 | $615/mo Cash Flow

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330 Savin Avenue APT 63, West Haven, CT, 06516 | $615/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in West Haven at 330 Savin Avenue APT 63, West Haven, CT, 06516 earns $615/mo cash flow from $1,973/mo rent with a $978/mo payment. Total monthly income totals $1,973/mo, and annual cash flow totals $7,382/yr on $66,267 capital. ROI tracks 31.05% on current figures, and rental yield reads 11.84% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 163.45% and total cumulative return in cash sums $108,313. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,973/mo property income instead of your personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Located just a short walk to West Haven's sandy beaches, boardwalk and the Oak Street Pier, bocci and fine local restaurants is where you will find this freshly painted, one bedroom first floor end unit with new carpeting. The bath and kitchen have been refurbished and kitchen has all new appliances. Both the kitchen and bath have new manufactured water proof floors. There is also a new 30 gallon hot water heater and two new wall air conditioning units. The open floor plan allows for many decorating options and being on the first floor allows for easy delivery of your groceries without having to climb stairs. Out front is a comfortable porch where you will be able to enjoy your morning sips of coffee while you take in those fresh ocean breezes. The unit is 100% ready to be moved into with nothing more to do than unpack so don't delay.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06516, West Haven, CT area.

Housing Distribution

Housing Statistics

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