52 Fourth AvenueWest HavenCT06516
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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 West Haven at 52 Fourth Avenue, West Haven, CT, 06516 offers $3,582/mo rent that, after a $1,786/mo payment, leaves $1,103/mo cash flow. Total monthly income is $3,582/mo, and annual cash flow is $13,230/yr on $120,998 cash. Return on cash invested measures 30.84% in year one, and rental yield stands at 11.78% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 162.27% and total cumulative return in cash reaches $196,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,582/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
6,969 sqft 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
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Listed by: D S. Rowe • Stacy Blake Realty LLC
Mls Name: Smart MLS
Mls ID: #24117367