349 Concord StNew HavenCT06512
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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 349 Concord St, New Haven, CT, 06512 uses $54,230 cash to close to unlock $30,000/yr annual cash flow and $2,500/mo monthly cash flow. Total monthly income runs $3,894/mo, and a $801/mo payment keeps the spread at $2,500/mo. Purchase price stands at $163,590, and rental yield measures 28.56% with $3,894/mo rent. Return on cash invested shows 75.23% in year one, and 5% annual appreciation builds toward $45,197 over five years. Five-year ROI reaches 402.51% and total cumulative return in cash records $218,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,894/mo property income covering a $801/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,438 (100%) |
| Owner Occupied HU | 8,576 (63.8%) |
| Renter Occupied HU | 3,984 (29.6%) |
| Vacant Housing Units | 878 ( 6.5%) |
| Median Home Value | $323,792 |
| Average Home Value | $369,374 |
Housing Distribution
Address Breakdown
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
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