675 Townsend Avenue #152New HavenCT06512
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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
Investment property for sale in New Haven at 675 Townsend Avenue #152, New Haven, CT, 06512 offers a 11.57% rental yield on a $219,000 purchase with $2,111/mo rent. Total monthly income registers $2,111/mo, and a $1,072/mo payment leaves $623/mo available for distribution. Annual cash flow reaches $7,475/yr on $72,599 to close, and return on cash invested stands at 30.21% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 158.84% and total cumulative return in cash at $115,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,111/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,438 (100%) |
| Owner Occupied HU | 8,576 (63.8%) |
| Renter Occupied HU | 3,984 (29.6%) |
| Vacant Housing Units | 878 ( 6.5%) |
| Median Home Value | $323,792 |
| Average Home Value | $369,374 |
Housing Distribution
Address Breakdown
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
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Listed by: Zak Kampton • Farnam Realty Group
Mls Name: Smart MLS
Mls ID: #24145392