6 Spencer PlNew HavenCT06515
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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 6 Spencer Pl, New Haven, CT, 06515 offers $3,433/mo rent that, after a $2,189/mo payment, leaves $332/mo cash flow. Total monthly income is $3,433/mo, and annual cash flow is $3,985/yr on $148,247 cash. Return on cash invested measures 22.6% in year one, and rental yield stands at 9.21% at a $447,200 entry. Equity gained on principal adds $2,886/yr while 5% annual appreciation compounds into $123,553 by year five. Five-year ROI records 118.26% and total cumulative return in cash reaches $175,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,433/mo property income versus a $2,189/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06515, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,254 (100%) |
| Owner Occupied HU | 2,733 (37.7%) |
| Renter Occupied HU | 4,025 (55.5%) |
| Vacant Housing Units | 496 ( 6.8%) |
| Median Home Value | $351,650 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
4,902
Multi-Family
1,820
Businesses
359
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Listed by: Lawrence A. Madow • Calcagni Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094825
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.