








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New Haven at 467 Whalley Avenue APT L, New Haven, CT, 06511 priced at $270,000 converts $1,984/mo rent into $149/mo cash flow after a $1,322/mo obligation. Total monthly income equals $1,984/mo, and annual cash flow totals $1,788/yr on $89,505 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 8.82% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 114.34% and total cumulative return in cash sums $102,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,984/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06511, New Haven, CT area.
| 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 |
Residential
22,273
Single Family
14,414
Multi-Family
7,859
Businesses
1,750
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eric E. Christmas • eXp Realty
Mls Name: Smart MLS
Mls ID: #24145148