45 Frank StreetNew HavenCT06519
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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 45 Frank Street, New Haven, CT, 06519 generates $2,734/mo in rent, after a $2,056/mo payment. Total monthly income is $2,734/mo. Return on cash invested sits at 18.87% in year one, and rental yield is 7.81% on a $419,999 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 98.08% and total cumulative return in cash sums $136,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,734/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06519, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 1,300 (20.1%) |
| Renter Occupied HU | 4,616 (71.3%) |
| Vacant Housing Units | 561 ( 8.7%) |
| Median Home Value | $332,985 |
| Average Home Value | $355,135 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,440
Multi-Family
1,418
Businesses
419
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Listed by: Jacob Mochkin • Roundtree Realty LLC
Mls Name: Smart MLS
Mls ID: #24143047