60 Lambert StWest 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 60 Lambert St, West Haven, CT, 06516 priced at $259,900 pairs $2,907/mo rent with $1,061/mo cash flow after a $1,272/mo payment. Total monthly income equals $2,907/mo, and annual cash flow comes to $12,733/yr on $86,157 invested. Return on cash invested is 34.69% in year one, and rental yield stands at 13.42% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 183.35% and total cumulative return in cash reaches $157,966. For financing, Ziffy Mortgage’s DSCR program evaluates $2,907/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
6,098 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: Joseph Fasone • Sunset Creek Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087593
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.