669 Third AvenueWest 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 669 Third Avenue, West Haven, CT, 06516 at $312,500 posts ROI 28.12% with $709/mo cash flow from $2,881/mo rent. Total monthly income equals $2,881/mo, and annual cash flow records $8,503/yr on $103,594 to close. Return on cash invested measures 28.12% and rental yield reads 11.06% at the current $312,500. Equity gained on principal adds $2,017/yr, and 5% annual appreciation supports $86,338 by year five. Five-year ROI prints 147.87% and total cumulative return in cash totals $153,180.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,881/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1903
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Zoef • Vanguard Private Client Grp
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113921
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.