418 Woodward Avenue APT 20New HavenCT06510
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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 418 Woodward Avenue APT 20, New Haven, CT, 06510 earns $899/mo cash flow from $2,783/mo rent with a $1,062/mo payment. Total monthly income totals $2,783/mo, and annual cash flow totals $10,784/yr on $71,936 capital. ROI tracks 34.9% on current figures, and rental yield reads 15.39% at a $217,000 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 over five years. Five-year ROI reaches 186.52% and total cumulative return in cash sums $134,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,783/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$410 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06510, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 161 ( 4.3%) |
| Renter Occupied HU | 2,881 (77.6%) |
| Vacant Housing Units | 672 (18.1%) |
| Median Home Value | $446,154 |
| Average Home Value | $561,609 |
Housing Distribution
Address Breakdown
Residential
2,994
Single Family
98
Multi-Family
2,896
Businesses
834
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Listed by: Robert Disapio • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092703
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.