39 Randall DriveNorth HavenCT06473
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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 North Haven at 39 Randall Drive, North Haven, CT, 06473 generates $3,734/mo in rent and, after a $2,300/mo payment, leaves $541/mo in cash flow. Total monthly income is $3,734/mo, and annual cash flow is $6,494/yr on $155,772 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 9.54% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 126.02% and total cumulative return in cash sums $196,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,734/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06473, North Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,395 (100%) |
| Owner Occupied HU | 8,187 (78.8%) |
| Renter Occupied HU | 1,790 (17.2%) |
| Vacant Housing Units | 418 ( 4.0%) |
| Median Home Value | $400,420 |
| Average Home Value | $448,636 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
9,138
Multi-Family
980
Businesses
1,427
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Listed by: Philip A. Giampietro • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146875