63 Glade Street #B1West HavenCT06516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in West Haven at 63 Glade Street #B1, West Haven, CT, 06516 at $140,000 posts ROI 34.54% with $566/mo cash flow from $1,805/mo rent. Total monthly income equals $1,805/mo, and annual cash flow records $6,792/yr on $46,410 to close. Return on cash invested measures 34.54% and rental yield reads 15.47% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 184.79% and total cumulative return in cash totals $85,762.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,805/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1970
N/A lot
$N/A/sqft
$288 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexandra Joseph • Coldwell Banker Bivins Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109306
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.