438 Whitney Ave APT 3New HavenCT06511
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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 New Haven at 438 Whitney Ave APT 3, New Haven, CT, 06511 priced at $529,500 pairs $2,266/mo rent with after a $2,592/mo payment. Total monthly income equals $2,266/mo. Return on cash invested is 6.41% in year one, and rental yield stands at 5.14% on a $529,500 basis. Equity gained on principal adds $3,417/yr, and 5% annual appreciation accumulates to $146,291 by year five. Five-year ROI measures 32.85% and total cumulative return in cash reaches $57,222. For financing, Ziffy Mortgage’s DSCR program evaluates $2,266/mo property income against a $2,592/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$649 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06511, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,142 (100%) |
| Owner Occupied HU | 4,757 (18.2%) |
| Renter Occupied HU | 18,516 (70.8%) |
| Vacant Housing Units | 2,869 (11.0%) |
| Median Home Value | $382,127 |
| Average Home Value | $483,207 |
Housing Distribution
Address Breakdown
Residential
22,273
Single Family
14,414
Multi-Family
7,859
Businesses
1,750
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Listed by: Betsy Grauer • Betsy Grauer Realty, Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24076572
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.