440 Third AvenueWest HavenCT06516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Haven at 440 Third Avenue, West Haven, CT, 06516 at $519,000 posts ROI 16.18% with from $2,974/mo rent. Total monthly income equals $2,974/mo. Return on cash invested measures 16.18% and rental yield reads 6.88% at the current $519,000. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 by year five. Five-year ROI prints 83.61% and total cumulative return in cash totals $142,761. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,974/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1905
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06516, West Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,840 (100%) |
| Owner Occupied HU | 11,877 (52.0%) |
| Renter Occupied HU | 9,766 (42.8%) |
| Vacant Housing Units | 1,197 ( 5.2%) |
| Median Home Value | $306,107 |
| Average Home Value | $333,389 |
Housing Distribution
Address Breakdown
Residential
21,891
Single Family
17,105
Multi-Family
4,786
Businesses
1,373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Martino • Joseph Martino Real Estate
Mls Name: Smart MLS
Mls ID: #24120182