36 Birch DriveNew 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
Investment property for sale in New Haven at 36 Birch Drive, New Haven, CT, 06515 offers a 7.62% rental yield on a $468,000 purchase with $2,970/mo rent. 28% in year one. Equity gained on principal adds $3,020/yr while 5% annual appreciation supports $129,300 over five years. Portfolio math shows five-year ROI at 94.92% and total cumulative return in cash at $147,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,970/mo property income against a $2,291/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,098 sqft 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: Judy Cooper • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24140142